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Need Personal Loan up to $1 million for Private Equity

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Money Talk > Credit & Loans

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coumadin
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Cash: $ 0.50

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Joined: 25 Jan 2013
Location: texas
Need Personal Loan up to $1 million for Private Equity  Reply with quote  

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
Post Fri Jan 25, 2013 6:13 am
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marionsawyer
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Joined: 11 Apr 2013

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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.
Post Thu Apr 11, 2013 10:24 am
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