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.