#TheDifference
August 2015
 
Sure Sports Lending has secured our own line and new loan requests (viable contract advance) can be funded within as little as 48 hours.  It's a big deal because we are no longer competing on price alone and now we are also competing on timing!  If time is the most important factor in your loan request, we can accommodate a quick turnaround.  If price is the most important factor in your loan request, we still offer the best prices on the market!  The following table is a comparison of terms between a hard money loan and a Sure Sports Bank Loan.  Is your client stuck with a loan like this?  Let Sure Sports refinance it.  In the months of August and September we will refinance any hard money loan without charging our customary underwriting fee.  Contact us today for more details!
Loan Comparison - Hard Money vs. Sure Sports

Hard Money Loan
Sure Sports Loan
Loan Amount
$1,000,000
$1,000,000
Terms (Months)
11
11
Interest Rate (Annualized)
13.75%
6.19%



Legal Fee $9,960
$0
Due Diligence Fee
$28,685
$0
Origination Fee
$19,522
$0
Loan Servicing Fee
$19,522
$0
Lender Fee
$9,960
$10,000
Closing Fee
$9,960
$0
SSL Underwriting Fee
$0

$30,000



Total Fees
$97,610
$40,000
Total Interest Expense
$134,213
$31,232
Interest Prepaid at Closing
Yes
No



Net Proceeds from Loan
$768,177
$960,000
Total Loan Expenses
$231,823
$71,232
Expenses Ratio
30.18%
7.42%

 

Another successful Sports and Spirits Event is in the books for the Sure Sports Team.  Our most recent party surrounding the NHL and NBA Drafts, was hosted at BalQony in Fort Lauderdale on Thursday, June 25th - check out our Facebook page for photos!  Congratulations again to Rene Castro on winning the raffle for Miami Heat Tickets.  We appreciate these opportunities to sponsor events and meet other professionals in the sports industry.  See our list of upcoming events in this newsletter and let me know when we can meet in person.  I am looking forward to it!

 

Sincerely,
  

Joleen Matte
Director of Operations  
In This Issue
Loan Comparison
Upcoming Events
Sports Agent Blog Interview
Client Testimonial
O Canada
Upcoming Events - We're coming to a city near you!
 
Sure Sports Holiday Party - Fort Lauderdale, FL
 
Senior Bowl Party - January in Mobile, AL
 
Super Bowl Party -  February in San Francisco, CA
 
NBA All Star Party - February in Toronto, CA
 
NFL Combine Party - February in Indianapolis, IN
 
MLB Spring Training Party - March in Tampa, FL
 
In this Sports Agent Blog Article, our President, Leon McKenzie, offers insight into Sure Sports Lending and the industry of lending money to professional athletes. 
Our Client's Say it Best!
 
"I just wanted to follow up with some feedback on your team.  They did an incredible job for me today.  They really thought outside the box and got everything taken care of in the 11th hour.  Thanks a lot."
 
-Financial Advisor for Professional Athletes
 
Did you know that we can lend to Canadian born professional athletes?
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