Indicative
Ref: WCG-TS-PERSONAL-BUSINESS
Indicative Term Sheet
Personal & Business Loans
| Borrower | [Borrower Co.], a limited liability company |
|---|---|
| Lender / Arranger | Westford Capital Group |
| Facility | Personal & Business Loans |
| Facility amount | Up to USD 2,500,000 |
| Tenor | 84 months |
| Pricing | Fixed 10.9% p.a. (indicative) |
| Fees | Arrangement 1.0%; no prepayment fee after month 12 |
| Security | Cash-flow first: unsecured where DSCR ≥ 1.25x; optional general security agreement or personal guarantee for larger or newer facilities |
| Repayment | Equal monthly instalments of principal and interest |
| Conditions precedent | Satisfactory KYC; Board resolutions; Evidence of insurance |
| 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.