Indicative
Ref: WCG-TS-ASSET-FINANCE
Indicative Term Sheet
Asset Financing
| Borrower | [Operator Co.] |
|---|---|
| Lender / Arranger | Westford Capital Group |
| Facility | Asset Financing |
| Facility amount | Up to USD 4,000,000 |
| Tenor | 60 months |
| Pricing | Fixed 8.9% p.a. (indicative) |
| Fees | Documentation USD 2,500 |
| Security | First-ranking charge over financed assets |
| Repayment | Monthly; optional 20% balloon |
| Conditions precedent | Supplier invoice; Insurance certificate; Delivery acceptance |
| Governing law | State of North Carolina, USA (or as agreed) |
| Validity | 30 days from date of issue |
This indicative term sheet is non-binding and subject to due diligence, credit approval and definitive documentation.