Updated almost 8 years ago on . Most recent reply
Can anyone do this with these terms?
Can anyone do this with these terms?
The terms on the loan:
Investment: $150k
Term: 6 months
Interest: 20%
Prepayment: Minimum of 6 months interest (e.g. if prepaid after 2 months, receive additional 4 months interest)
The investor will receive $3 for each patient billed monthly by the Telehealth department for the next 10 years (after the $150k is paid back to the investor in the first 6 months). We see anywhere from 1,000 to 1,500 patients a month.
The investor will go on the company insurance policy, if the Medical Practice looses income for any reason the investor can make a claim to the insurance company after 24 hours, the investment is guaranteed.
No brokers direct investor only.