Richard Austin
Richard Austin
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  • Home
  • Leadership
  • Investments
    • About
    • RA Opportunity I
    • RA Opp I Investor Info
  • Lending
  • Family Office
    • About
    • Services
    • My Family Office
  • Contact
  • Foundation
    • About
    • Mission & Vision
    • Grants
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LENDING

 Richard Austin's lending arm have terms based mainly on the value of the collateral, not on the creditworthiness of the borrower.   We can quickly structure a loan agreement without going through the "red tape" of a traditional lender.

TYPICAL DEAL TERMS

Loan Size

Up to $100,000

Loan to Value

Up to 65% of Collateral

Term

Up to 24 Months

Structure

Interest Only

Rate

150 bps > Prime

Origination Fee

1% to 2%

Plus legal fees

Purpose

Various

RECENT LOANS

$50,000

$50,000

$50,000

Collateral: Single Family Home

Term: One Year

Points: 1%

Rate: 6.50%

$20,000

$50,000

$50,000

Collateral: Brokerage Account

Term: One Year

Rate: 6.50%

$33,000

$50,000

$33,000

Collateral: Brokerage Account

Term: Two Years

Rate: 6.50%

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