I invested in a limited partnership and I guess my name was entered into an accredited investor’s data bank because I was soon called by the CEO of a private equity company that was requesting debt servicing.
Try suckers list.. I have not forgotten a previous post.. here we go again!!
In most cases the company who requests debt servicing usually asks for an extension to use the loan for further company growth, but in this case, I asked for the extension because I liked the interest rate
The italicized portion makes me very suspicious. You would generally write a short term note instead of an ‘extension’ Check to see if you have not triggered something by allow them to continue holding the money for an additional 3 months.