How little and how much does MMG lend? 

Every MMG Capital loan is different, and therefore the structure that each MMG Capital Loan takes on can vary. However, there are a few basic principles that are consistent in almost every MMG Capital transaction. The first is our lending limits. MMG Capital structures loans that are between $200,000 to $10,000,000. Exceptions will be made on a case-by-case basis for well-secured loans that fall below the minimum loan limit. More important than our typical loan limits is our minimum collateral limit. In almost all cases, MMG Capital requires a minimum collateral value of $750,000.  Exceptions to the minimum collateral value limit can be made for scenarios that represent an especially low loan-to-value or that include certain types of alternative collateral. An example of alternative collateral is a cash value life insurance policy. 


How long does the approval and/or funding process take?

We're committed to having one of the fastest response and approval times in the private lending industry. Not only does MMG Capital provide superior customer service, we're committed to providing a response to any loan scenario submitted to us within 24 hours of the time that it's received. Either we will issue an approval, request additional documentation, offer feedback on alternative loan structures that may work, or let you know that your loan simply isn't a fit for MMG Capital. 

For loans that are approved, the actual time to fund can very drastically. Some loans can be funded in as little as 7 days while others can take up to 6 weeks. The actual time to fund is changed by a variety of factors including due diligence periods, complexity of legal work, complexity of the deal structure, the complexity of the collateral, the size of the loan, and certain regulatory issues. However, in most cases, MMG Capital Loans are funded within 2 to 3 weeks from the time that a loan is approved and a signed Letter of Intent is received from the borrower.