• Blocfund prefers to extend loans between $250,000 and $5,000,000.
• Rates and points vary depending on the deal. Loan terms vary as well, although the common tenor of loans is presently 3 to 6 months; the base rate charged is 16% per annum with 6 points in lending and due diligence fees.
• Blocfund seeks to limit exposure to loans:
• backed by an asset, where the Company can establish clear title in case of non-payment;
• where a reasonable expectation of timely repayment exists;
• of an amount no more than 65% loan-to-value (“LTV”) (or 65% of the partners’ assessment) of the value of the collateral;;
• smaller than 20% of assets under management (“AUM”);
• to a single borrower to one loan at a time;
• current focus in the Western U.S.;
• in a specific city or geography to a single loan;

Despite the foregoing, Blocfund and PF are not bound to these or any other level of exposure limit according to the terms of the Bridge Loan Capital Fund LP limited partnership agreement (“LPA”) or the Blocfund private offering memorandum (“POM”).