Friday, May 20, 2022
Commercial Loan Funding LLC Scam
Thank you for getting back to me. I need the services of your firm to draft a loan agreement and handle the closing for the purchase of 2 Robot Surgical Machines (Intuitive’s da Vinci Surgical System} by a company located in your state. We will be paying the original seller and securing the machines as collateral once we finalize the approval of the loan. There will be two parties involved in the transaction for the closing, The lender and the buyer.
The loan will be for 18 months and is set to commence by the First week of July, this is depending on how fast we can negotiate the terms of the loan and finalize a closing date. The repayment will be on a monthly basis with 5.9% interest annually until payment is complete. The loan amount for the equipment is $3,500,000.
I will need the legal expertise of your firm to advise us on how the loan agreement should be drafted, to comply with your state laws, advise on the legal terms to protect our interest, and review all supporting documents from the borrower.
I will provide you with our previous loan agreements that we have used in the past for similar transactions if that will help us save some time and money on the retainer and closing fees.
You can bill us based on an hourly rate, I do not foresee us spending more than 20-30 hours on this transaction, the delay may come towards the closing date. Send me your standard retainer agreement which you use for similar cases and kindly include your rate so I can review it with my board. I will schedule to discuss with you after I have reviewed your terms, hopefully by mid-week. Let me know if you have any questions, I look forward to hearing back from you.
Conflict check information of the Borrower:
[Local Company Here]
Best Regards,
Richard Tyler
Chief Financial Officer
Commercial Loan Funding LLC
Tel: 786-638-5643
Add 1110 NW 75th Street,
Miami, FL 33150
Web: www.commercialloanfundingllc.com
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