The fund will make direct, short-term loans to small businesses, in amounts up to 70% of “quick sale value” of owned real estate or other assets. We are able to make decisions, complete due diligence, and move toward a closing extremely quickly, as fast as 10 days. We will consider loan amounts ranging in size from $100,000 up to $5 million.
Moreover, we have many clients and companies who are seeking short-term loans for a variety of reasons, including an acquisition, growth capital, or general net working capital, and will utilize their real estate assets as collateral for a loan. Axiom helps in these situations to structure a loan that meets the needs and debt service coverage capabilities of our clients.