Sure Sports Lending provides loans to players entering free agency and players who are NHL or MLB arbitration eligible or arbitration eligible in the upcoming season (pre-arbitration financing for NHL or MLB). As part of the product, we offer loss-of-value insurance premium financing. We can lend up to 10% of a player’s projected market value or in the case of arbitration, 30% of the team’s submitted salary proposal. We have been successful at originating these loans starting at 5%.
- Sure Sports Lending can lend up to 10% of a player's projected market value
- Once a contract is signed or arbitration settlement is reached, the loan amount can be increased to up to 30% of the player’s guaranteed salary
- Payments can be deferred until the season commences
- Sure Sports Lending can finance 100% of an LOV Insurance Premium
- LOV Insurance is a product for top players exiting entry level deals or approaching free agency
- 12% APR estimated (1% per month)
- Can close in as little as 72 hours