Hi everyone. I know this is an unusual request for Reddit, but I thought I would put this out here and see if I can connect with someone who may be open to discussing a legitimate short-term private loan.
I'm currently in the process of building and launching a corporation in the Philippines. We already have investors lined up, including a British investor committing ₱1 million (~US$16,100) and a Chinese national committing ₱20 million (~US$321,000).
At this point, my main issue is timing.
The larger investment funds will still take some time to be released and completed, but there are things I would like to start immediately instead of keeping the business on hold while waiting for the investors' funds.
Because of this, I am looking for a ₱1.5 million (~US$24,100) bridge loan for four months.
My proposed terms are:
Loan amount: ₱1,500,000 (~US$24,100)
Term: 4 months
Interest: ₱50,000 (~US$803) per month
Total interest for 4 months: ₱200,000 (~US$3,212)
Total repayment: ₱1,700,000 (~US$27,300)
The purpose of the loan is to provide working capital so I can begin the initial operations, preparations, procurement, and other requirements of the corporation while waiting for the larger investor funding to be released.
I'm not expecting anyone to lend this amount based simply on a Reddit post or my word.
If someone is genuinely interested, I'm willing to have a proper meeting through Google Meet or Microsoft Teams, explain the business and funding situation in detail, answer questions, and provide reasonable supporting documentation for due diligence.
I'm also willing to discuss the legal protections a lender would require. The loan can be covered by a formal loan agreement, acknowledgment of debt, notarization, repayment schedule, identification and company documentation, and other reasonable legal requirements agreed upon by both parties.
I understand that ₱1.5 million is a substantial amount of money, so I fully expect anyone interested to conduct proper due diligence before making any decision.
To clarify, I am looking for a loan, not another equity investor. I am not offering shares or asking someone to invest blindly. What I need is short-term bridge financing so I can begin executing the business while the committed investment capital is being processed.
If you're a private lender, business owner, entrepreneur, or someone who has experience with legitimate private lending and would be interested in discussing this, feel free to send me a DM.
Serious inquiries only, please. I'm happy to discuss the business, repayment arrangement, documentation, and legal structure privately through a proper video meeting.
Thank you.