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AMI's investments
will be made under the following general terms and conditions:
- No single investment
to exceed $3 million. It is anticipated that most investments
will be between $1.5 and $2.5 million.
- Interest coupons
of 12% - 14%.
-
Nominally priced and detachable warrants, or a similar equity-related
security, representing a minority
ownership position in the borrower.
-
Final maturity generally not to exceed 7 years.
- Amortization will
be in amounts sufficient to result in not greater than a 30% balloon
payment on a final maturity of 7 years.
- A first or second
lien on all assets, and in some cases a pledge of stock.
-
2% to 3% processing fees.
With our extensive
experience in structuring financings and raising capital for small and
mid-sized businesses, AMI has the ability to tailor transactions to best
suit the needs of its borrowers.
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