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Updated about 9 years ago on . Most recent reply

User Stats

95
Posts
12
Votes
Rob Smith
  • Investor
  • Chino Hills, CA
12
Votes |
95
Posts

Promissory note purchase program

Rob Smith
  • Investor
  • Chino Hills, CA
Posted

This is the deal that has been explained to me let me know if you know anything about this type of deal 

example 

Client purchases one promissory note each month at $1000 each for 12 months at the end of 12 months client receives 8% annual  interest if you keep the money in for two years they pay you a 30% bonus The money is never spend it's always just in a holding account you can get it back at any time you want it back 

How the program works

In the whole sale commercial banking marketplace, investment bankers offer provide unsecured lines of credit to their best customers who maintain large portfolios of assets. these asset portfolios can include cash, promissory notes, loans and real estate to name a few and can be used to access funds available from such credit lines by special arrangements made with the investment bankers. Proceeds drawn from these credit lines can be used to acquire other income producing properties such as hotels multi family apartments and retail commercial properties which generates the funds used to provide the returns offered to clients participating in the promissory note purchase program

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