The Difference Between a Loan and a Mistake
In the world of US private credit, "simple" mistakes can lead to the loss of your entire principal. Most new lenders focus on the interest rate, but sophisticated lenders focus on the exit and the law. This guide, curated by attorney-educator Ashlee, provides the essential tactical questions you must ask a borrower before you wire a single dollar.
The Specific Source of Repayment
It’s not enough to say "I'll sell the house." We teach you to identify the specific, verified exit strategy that ensures you get paid back on time.
Asset-Class Specific Experience
Does the borrower have a documented track record in this exact type of deal? Learn to distinguish between a generalist and a specialist.
Regulatory Purpose of the Loan
Is this a consumer-purpose loan or a business-purpose loan? Failing to identify this can lead to massive US regulatory penalties.
Verification of Collateral "As-Is"
Never rely solely on a borrower’s appraisal. Learn how to verify the actual collateral value that sits behind your loan today.