Indicative
Ref: WCG-TS-GENERAL-PROJECT
Indicative Term Sheet
General Project Funding
| Borrower | [Venture Co.] |
|---|---|
| Lender / Arranger | Westford Capital Group |
| Facility | General Project Funding |
| Facility amount | Up to USD 20,000,000 |
| Tenor | 10 years |
| Pricing | Fixed 9.9% p.a. or SOFR + 4.25% (indicative) |
| Fees | Arrangement 1.5% |
| Security | Tailored to the transaction |
| Repayment | Tailored; up to 24-month grace |
| Conditions precedent | Due diligence; Model review; Sponsor equity |
| 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.