Need Personal Loan up to $1 million for Private Equity
I have the opportunity to buy up to $1 million dollars of private equity shares in a very profitable business.
Any advice on how to go about getting the maximum loan possible?
Yearly salary is $300K, good creditscore around 690
My adviser said to open up a Merril Lynch LMA (loan management account) and borrow against my assets, but that only gives me 25% of what i need.
I am willing to pay higher interest rates as the rate of return on my investment option is 30% annual dividends and i believe i can pay off very quickly the loans.
thanks for any advice
Fri Jan 25, 2013 6:13 am
coaster Senior Advisor
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mod's note
please do not double post. your duplicate in another forum was removed. this forum seems to be best suited for topic.
~Tim~
Fri Jan 25, 2013 6:57 am
marionsawyer Member
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A personal loan is basically an unsecured loan that can be used to solve a variety of needs such as medical, education, vacation, household extension/repairs and to purchase consumable items.
