Hey All,


I thought I might run into a good option here, even though it's not specific. I have a client waiting who needs a bridge loan in the next several weeks.

Loan Amount: $100,000

Interest Rate: 18%

Discount Rate: 20% on the next round's valuation

Valuation Cap: $10 million

Maturity: 18 months

Qualified Financing Threshold: $700,000

Automatic Conversion: Converts into equity at the lower of the $10 million cap or actual valuation if no financing occurs before maturity

Repayment Option: Lender can demand 1.5x repayment if no qualified financing occurs ($225,000 total)

Warrants: 10% warrant coverage (right to purchase $15,000 worth of shares)

Security: Loan is secured against company assets.

Early Repayment Penalty: None

If you'd like more info or to schedule a call, email me --@----.com and include --@----.com