Very quick hard money funding but super expensive - for use as last resort

This may not be the exact best place to post but there are probably a few scenarios where this would be helpful to people on the platform.



My friend has had several tech exits and now has cash that he lends out. I help connect him with deals.



His minimum note size is $500k and max is $10m



Generally most notes are going to be in the 3-6 month range with a minimum of 45 days and it will be very expensive, 10% per month.



Turn times are measured in days rather than weeks or months.



From what I have seen, the most common application is as a bridge to more advantageous funding sources - large contract payouts, investors coming on board, lighting quick acquisition opportunities, etc.



I would say that for the vast majority of regular search deals - this would be a bad source of funds. Not something you would want to do.


Here is more of the specific criteria:
1. Required: High net worth personal financial statement individual with some solid assets that can be leveraged.



2. Required: Commercial real estate interests they can lien for us which have at least a 2 to 1 equity to debt ratio. These assets also need to be real solid asset values not conflated or speculative values which we will simply deny.



3. Nice to have: Ideally those assets are bringing in cash flow as well



I am happy to make intros / connect if the above is helpful.