Asher and KBM have done hundreds of loans with man
Post# of 15187
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What I haven't found is a single note where the Kramers made under the 25% maximum which is the point where the loans become criminally usuarious.
Substance Over Form
Attempts to disguise interest may put a loan in jeopardy. In order to determine whether a transaction is usurious, courts look not to its form but to its substance or real character. Warrants, success fees, consulting fees and other fees may be appropriate, but if used to disguise interest, lenders may be inviting trouble.
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