We welcome you to Rogers and Rogers LLC where you are guaranteed the best services in private lending. You are required to carefully read the below loan terms and conditions before we can proceed with the processing of your loan funds.
LOAN TERMS AND CONDITIONS
(1) Borrower must have a working bank account in his/her name or company name which will be used for the transfer of the loan.
(2) Borrower will start the repayment of his/her loan a month after the loan funds has been transferred.
(3) Borrower will have to pay back the total interest of the loan only monthly and the loan amount at the end of the loan duration or pay back the loan amount and the interest monthly through the duration of the loan.
(4) Borrower will be given four weeks (a month) grace to payback the principal(loan amount) at the end of the loan duration before legal actions will be taken.
(5) Failure to pay back the loan at the expected date / period, legal actions will be taken against the borrower by our attorney.
(6) Address: You must inform us about change of circumstances and must tell us promptly if you change your residential address or zip, or if you think there is any information That We Should be aware of.
(7) There is no early repayment penalty.
(8) Interest: Interest rate shall be 5% per annum irrespective of the loan amount.
(9) Loan Process: It takes an interval of 3 to 5 working days from application to funding depending on the borrowers compliance.
(10) Loan Amount: Loan amount ranges from $10,000.00 to $5,000,000.00 .
(12) A borrower must have a valid means of identification(Drivers license, international passport etc.)
(13) Working days are Mondays to Fridays between 9 am to 5pm
(14) Loan Contract: At the end of the loan processing, if the loan is approved, a Loan contract will be prepared by the lender and signed by both parties before the transfer of approved loan funds by the lender to the borrower.
