Huntsville, Alabama Bridge Loan
Log In
The retail store in Huntsville, Alabama has recently secured a bridge loan to facilitate the purchase of a strip mall. This financial move will enable the store to grow its operations, offering a wider range of products and services to the local community. With the new funding, the borrower aims to enhance the shopping experience for its customers, creating a vibrant hub for residents and businesses in Huntsville. This bridge loan is a key step in driving future development and growth in the area.
Huntsville, Alabama Bridge Loan Details
Structure
- Tax Document
- 1099-INT
- Offering Structure
-
BPDNx
SENIOR BPDN - PROMISSORY NOTE SECURED BY COLLATERAL SECURITY AGREEMENTTHIS PROMISSORY NOTE IS SECURED BY THE ISSUER'S PLEDGE OF THE RELEVANT UNDERLYING COLLATERAL LOAN (AS DEFINED BELOW) TO THE LENDER (AS DEFINED BELOW) UNDER THE COLLATERAL SECURITY AGREEMENT AND PROMISSORY NOTE. HOWEVER, EXCEPT TO THE LIMITED EXTENT PROVIDED IN THE PROMISSORY NOTE WITH RESPECT TO THE UNDERLYING COLLATERAL LOAN, THIS NOTE IS NON-RECOURSE TO THE ASSETS, FUNDS AND ACCOUNTS OF YIELDI, LLC (THE "BORROWER", "COMPANY" OR "ISSUER") OR ANY OF ITS AFFILIATES, EMPLOYEES, AGENTS, STOCKHOLDERS, PARENTS, OR SUBSIDIARIES EXCEPT TO THE EXTENT OF THE VALUE OF COLLATERAL LOAN NET PAYMENTS ACTUALLY RECEIVED IN RESPECT OF THE UNDERLYING BORROWER LOAN.
Example Return on Investment
-
Investment Amount:
-
Annual ROI:
-
$0
Investment Summary Of Huntsville, Alabama Bridge Loan
Investors have an opportunity to invest in borrower payment dependent notes, the cash flow of which is dependent on the payment of interest and principal repayment on the Loans. Investors are scheduled to receive an annualized monthly interest payment of Login for details over the Loans' estimated remaining term of 12 Months. Principal is expected to be returned on or before maturity through a refinancing with a traditional bank loan. It is important to note that the Loans are eligible for prepayment, and principal may be repaid prior to the 12 Months estimated remaining term. If the Loans are paid off before maturity, investors are expected to receive at least three months of interest payments in addition to return of principal.
How Do I Get Paid?
This loan had an initial term of 12 Months with an option at Yieldi's discretion to extend. As of October 4, 2024 there are 12 Months remaining. Investors will immediately receive monthly interest payments at an annualized rate of Login for details on the principal balance over the life of the loan. If you invest in this loan in the middle of a month, you will receive a prorated interest payment for your investment for your first investment month and then full monthly payments thereafter. All payments are made automatically via ACH on the 1st of each month and investors all paid by the 10th of the month.
Additional Resources
Best Investments other than Stocks
When people think of investments, the stock market often comes to mind first. However, while stocks can yield substantial returns, their inherent volatility can be unnerving, especially for risk-averse investors. If you’re exploring alternatives that offer a blend of stability and lucrative income, real estate is an attractive option. The challenge, however, is the high…
Navigating Anti-Money Laundering Regulations in Real Estate Lending
In recent years, regulatory authorities have increased their focus on preventing money laundering in real estate transactions. Real estate lending is particularly vulnerable to illicit financial activities, making it crucial for lenders, investors, and borrowers to comply with Anti-Money Laundering (AML) regulations. Understanding these regulations and implementing best practices can help ensure compliance while safeguarding…
Private Loans Without Cosigner: A Complete Guide to Financial Independence
Securing a loan without a cosigner is a pivotal financial decision for individuals seeking independence. Whether you’re looking to finance education, a small business, or personal expenses, finding private loans without a cosigner opens up opportunities for those who want to take full responsibility for their financial commitments. Understanding how to qualify for these loans,…