Help -- Bridge financing on Trust funds ??

[passionandzeal]

A company I am consulting has a signed PPM from a single investor for $5.6 million. The funds are in a simple trust and are in process to be released. This may take a few weeks or a couple months. They are looking to borrow 10% to 20% against the funds but are not sure what to expect in terms of process, structure, rate, whom we should target etc. Would welcome any advice/suggestions. Thanks in advance for assistance.