Need Personal Loan up to $1 million for Private Equity |
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coumadin
First Time Poster
Cash: $ 0.50
Posts: 1
Joined: 25 Jan 2013
Location: texas |
Need Personal Loan up to $1 million for Private Equity |
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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
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Fri Jan 25, 2013 6:13 am |
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marionsawyer
Member
Cash: $ 2.00
Posts: 10
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.
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Thu Apr 11, 2013 10:24 am |
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