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Who does MMG Capital lend money to? MMG Capital funds asset-based, private loans to a variety of different individuals and entities. Our past borrowers have included developers, real estate investors, business owners, corporations, partnerships, non-profit organizations, homeowners, foreign nationals, and high net worth individuals. In other words, given the right situation, almost anyone is a candidate for an MMG Capital Loan. There's only one characteristic that almost all MMG Capital Borrowers share in common, and that's net worth.
Regardless of the type of borrower, a high net worth is a prerequisite for approval in almost every MMG Capital Loan scenario. For all intents and purposes, a high net worth is defined as having assets with equitable value of $1 million or more. There are some cases, such as the purchase of discounted, secured debt where a high net worth may not apply. However, these cases are more rare.What types of loans does MMG Capital make? Each of our loans is a derivative of our core product - hard money (or private money). However, every transaction is different and MMG Capital is very careful to design each and every loan to meet the specific needs of our borrowers. Our expertise allows us to remain flexible and create financing structures that are as attractive as possible to our prospective borrowers. Where a fixed-term, fixed-rate product may be suitable for one borrower, a more flexible term with equity participation may be more suitable for another. Or, a line of credit with an annual renewal might be the most appropriate loan structure. We're willing to consider a variety of loan formats in order to create an optimal scenario that promotes success in our borrowers' real estate projects. The de facto constant in every one of our loan products is that it must be well-secured and properly collateralized.
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Regardless of the type of borrower, a high net worth is a prerequisite for approval in almost every MMG Capital Loan scenario. For all intents and purposes, a high net worth is defined as having assets with equitable value of $1 million or more. There are some cases, such as the purchase of discounted, secured debt where a high net worth may not apply. However, these cases are more rare.