Indicative
Ref: WCG-TS-WORKING-CAPITAL-LINE
Indicative Term Sheet
Working Capital Line
| Borrower | [Operating Co.] |
|---|---|
| Lender / Arranger | Westford Capital Group |
| Facility | Working Capital Line |
| Facility amount | Limit up to USD 2,500,000 (revenue-based) |
| Tenor | 12-month revolving availability, renewable; term-out up to 36 months |
| Pricing | SOFR + 7.50% p.a. on drawn balance (indicative) |
| Fees | Arrangement 1.0%; commitment fee 0.5% on undrawn |
| Security | Unsecured; negative pledge and financial covenants (DSCR ≥ 1.25x) |
| Repayment | Interest monthly; principal repaid and redrawn freely |
| Conditions precedent | Satisfactory KYC; Bank-statement or accounting-feed review; Board resolution |
| 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.