Kansas City, MO
Amount Raised: $19,000
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Interest Paid: $2,280
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Return Paid to Lender: $21,280
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Term Length: 4 months
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Amount Raised: $19,000 - Interest Paid: $2,280 - Return Paid to Lender: $21,280 - Term Length: 4 months -
The lender on this Kansas City deal was a retiree using their home equity line of credit to fund private loans. They were apprehensive because it was their first private lending experience. We guided them through every step of the process. The borrower made all payments on time. At the conclusion of the 6-month term, the lender received $17,250. They have since completed three additional deals with us. This is the result of treating first-time lenders with transparency and care.
