AMERICAN OPPORTUNITY FRANCHISE FUND IV
This is the entity into which the investor pays the $500,000 which is held in an escrow account and then becomes the collateralized senior secured loan to the multi–unit Dunkin operators.
Collateralized Loan obligations (CLOs) are a form of securitization where payments from multiple middle sized and large business loans are pooled together and passed on to different classes of owners in various tranches.
An escrow is a financial instrument held by a third party on behalf of the other two parties in a transaction. The funds are held by the escrow service until it receives the appropriate written or oral instructions or until obligations have been fulfilled.
Greencards is a permit allowing a foreign national to live and work permanently in the US. Employment-Based fifth preference visa is also known as the Green Card.