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Can someone break this down for me into layman terms? Is it a risky or shady practice? They are telling me a strong business plan will guarantee funding. Seems too good to be true, which is of course a red flag.
The Assets we are able to secure for Clients from the start are in the form of Stocks or Bonds. each are delivered to a Client to be used initially as an Asset and can be pledged or sold to secure Project financing. We then, at closing of funding, deliver SLS Senior Life Settlement Insurance Policies, rated “A” or better to guarantee the repayment of all financing secured at the start for a period of 10 years. At maturity, the Insurance Policies mature and will satisfy all outstanding debt, paying off all funding advanced to the Venture. This method of Insurance secures each position in the transaction and there can be no loss of funds.
The Assets we are able to secure for Clients from the start are in the form of Stocks or Bonds. each are delivered to a Client to be used initially as an Asset and can be pledged or sold to secure Project financing. We then, at closing of funding, deliver SLS Senior Life Settlement Insurance Policies, rated “A” or better to guarantee the repayment of all financing secured at the start for a period of 10 years. At maturity, the Insurance Policies mature and will satisfy all outstanding debt, paying off all funding advanced to the Venture. This method of Insurance secures each position in the transaction and there can be no loss of funds.
