Financial Services - , ,
ProSelect Funding Corp. is a newly formed specialty lending company focused on providing celebrities, entertainers, athletes and other high net worth individuals, bridge loans secured by their contractual receipts. The ProSelect lending platform will also consider loans to agencies, managers, sports teams, leagues, record labels and publishers.ProSelect Loans range in size from $250,000 to $5,000,000. Higher loan amounts considered on case-by-case basis.ProSelect Loans are generally for terms of 1 year, but in certain cases, we will lend for terms as long as three years.ProSelect differentiates itself from other lenders in the following important ways:1. ProSelect has a $75,000,000 equity facility available for the specific purpose of making ProSelect Loans.2. ProSelect is owned by two seasoned specialty finance professionals, each with over 30 years of financial services background.3. ProSelect has a dedicated bi-coastal team of origination professionals each with over 20 years of consumer credit experience, to ensure timely response to borrower or agent and manager inquiry.4. ProSelect has a dedicated credit, underwriting, legal, operations and servicing team to support seamless execution and ongoing borrower maintenance.