The Broadway Fund
Financial Services - Saint Louis, Missouri, United States
The Broadway Fund Employees
The Broadway Fund Details
The Broadway Fund is a Missouri LLC formed for the sole purpose of making secure loans collateralized with various assets such as owner occupied single family residences', rental properties, commercial real estate, multifamily, retail, office, warehouse and industrial, accounts receivable, inventory, machinery, furniture, fixtures and equipment. The loans will be made to both individuals as well as businesses.All loans will be professionally underwritten and have sufficient cash flow to support a debt service coverage of no less than 1.20x. The loan to value at underwriting will not exceed 80% of current value.Investors in Broadway Fund are being offered notes which will return 6% for 6 months, 8% for 12 months, and 10% for 24 months. The notes are secured by the portfolio of loans made by the fund. The portfolio is available for review by Note Holders with reasonable notice. Interest is paid quarterly or it can be reinvested. The Notes can be set up to auto-renew with an increase of 600 basis points being awarded at renewal.
