Kansas City, MO
Amount Raised: $18,000
-
Interest Paid: $2,160
-
Return Paid to Lender: $20,160
-
Term Length: 4 months
-
Amount Raised: $18,000 - Interest Paid: $2,160 - Return Paid to Lender: $20,160 - Term Length: 4 months -
This deal illustrates our problem-solving capability. The property in Kansas City sold, but the sale resulted in a loss. The borrower did not generate sufficient profit to repay the full loan plus interest. Instead of forcing an unfavorable resolution, we structured an alternative solution. The lender received all interest owed. The remaining principal balance was then rolled into another project that the borrower was pursuing. The lender did not lose any capital. Their funds were simply redeployed into a new opportunity. This approach prevented borrower distress while keeping the lender whole.
