Hard Money Question on Terms

[Nick DePrizio]

I have the opportunity to help finance a short term funding need for an investment I am an equity owner in. There is a 12M funding coming in w/ new equity partners in 2 months which pays off all outstanding debt. 

The company needs to borrow 100K for 2 months and came to inside investors before it goes to the bank which wants 5.5%,  1.5% upfront financing fees, borrower pay all lawyer fees/admin fees etc.

I was wondering what terms would people offer?

I was thinking bullet payment of 5K and if not paid by due date 10.5% annual paid monthly after the 2 month period?

[Charlie Fitzgerald]

in an unsecured position there are no terms that would entice me