Professors Capital, Inc. (PC) through itself, its affiliates and licensed agents in applicable jurisdictions, is introducing a new program specializing in providing funds secured by land. PC is building on its eleven year history of investing in and entitling land across the United States. Because of our familiarity and comfort with the underlying collateral, PC is offering acquisition financing, cash-out financing and recapitalization financing:
Size: $1 million - $10 million Maximum LTV at origination: Substantial discounts to finished value Locations: All states where PC is licensed to conduct business and arranged through licensed agents. Targets include primary major metro areas on the West Coast, South East and Texas. Term: 6-24 months Prepayment: Prepayable at any time without penalty Commitment Fee: 3% (risk adjusted) Interest Rate: 12% and above (risk adjusted) Security: First Mortgage Recourse: Full recourse, limited recourse or non-recourse
For more information, please contact our San Diego Office:
Note that this information is not a solicitation for loans or funding opportunities, but is for informational purposes only. Professors Capital, Inc. and its affiliates will not loan or invest funds from or in any jurisdiction in which it is not legally permitted to do so, and any such loans or investments will be subject to applicable local and Federal regulations.
