Indicative
Ref: WCG-TS-EDUCATION
Indicative Term Sheet
Scholarships & Education Funding
| Borrower | [Institution / Foundation] |
|---|---|
| Lender / Arranger | Westford Capital Group |
| Facility | Scholarships & Education Funding |
| Facility amount | Up to USD 6,000,000 |
| Tenor | 12 years |
| Pricing | Fixed 5.25% p.a. (indicative) |
| Fees | Arrangement 0.5% |
| Security | Assignment of tuition receivables; facility charge where applicable |
| Repayment | Interest-only 24 months, then amortising |
| Conditions precedent | Board approval; Program charter; Impact KPIs agreed |
| 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.