Indicative
Ref: WCG-TS-CAREER-FINANCE
Indicative Term Sheet
Career & Professional Development Finance
| Borrower | [Professional / Employer Sponsor] |
|---|---|
| Lender / Arranger | Westford Capital Group |
| Facility | Career & Professional Development Finance |
| Facility amount | Up to USD 250,000 |
| Tenor | 7 years |
| Pricing | Fixed 8.5% p.a. (indicative) |
| Fees | Arrangement 1.0% |
| Security | Unsecured; employer guarantee where sponsored |
| Repayment | Deferred during program, then monthly amortising |
| Conditions precedent | Admission or offer letter; Income verification; Budget of program costs |
| 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.