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
Private Lending Companies Near Me: Unlocking Real Estate Investment Opportunities
When you need fast, flexible financing, private lending companies can provide the solution you’re looking for. In this competitive real estate market, whether you’re a seasoned investor or just getting started, private lenders offer tailored loan options that are difficult to find with traditional banks. If you’ve ever searched “private lending companies near me,” you’re…
The Remarkable Success of the Hotel Industry: A Spotlight on Yieldi’s Impact
The hotel industry stands as a beacon of resilience and growth, a sector that continues to flourish even amid challenges. Fueled by the innovative financing opportunities provided by companies like Yieldi, hoteliers are experiencing newfound financial support and flexibility. This article shines a light on the ongoing success within the hotel industry, focusing on Yieldi’s…
Finding the Right Austin Real Estate Lender for Your Property Investments
In today’s competitive property market, finding the right financial partner is crucial. An Austin real estate lender can help you secure funding tailored to your specific real estate needs, ensuring you can take advantage of lucrative opportunities in one of the fastest-growing cities in the U.S. Whether you’re a first-time homebuyer or an experienced investor,…