"What are your terms and fees" is often an early question we receive. Not to be evasive, but we cannot answer that until we find out what the borrower is trying to accomplish and generally how the agreement will be structured. We are always amazed when a traditional lender requires monthly payments from the borrower, say on a condo project, when the project is negative cash flow until closings.
Since Select Partners Ltd. desires a broad diversity of its own investments, we look at a broad range of funding needs and provide flexible terms. In our portfolio we prefer a mix of terms (one to five years), cash flow (scheduled payments, deferred payouts), and variable rates of return (stated interest rates, blended interest/participation rates). The only requirement of all funding is that the borrower have acceptable collateral.
Feel free to call or email us to start an initial discussion about your funding needs. We will need to know the general collateral, the projected cash flows, and the profitability of the current business or projected project. We do not provide venture capital nor fund operational losses.