Terms and Conditions

When a Lender (account holder) loans funds to the Company (Bluegrass West Capital), the Company agrees to pay the Lender a fixed interest rate of 8% per annum on their balance with interest calculated and credited daily at midnight PST via balance(tomorrow) = balance(today) * (1.08) ^(1/365). In detail, the Lender’s account shall operate according to the following terms and conditions:

  1. The funds in the account are secured with full recourse to the worldwide assets of the Company personally, no matter how indirect the ownership structure is, no exceptions.

  2. Deposits and withdrawals can be initiated at any time only via credit.bluegrasswestcapital.com to ensure unambiguous dates of transactions and secure transfers. This site shall maintain a complete record of transactions, interest paid, current balance, and downloadable monthly and annual statements.

  3. The date of deposit will be the date of receipt of funds listed on the Company’s bank statement.

  4. Any deposit request that would take the Lender's account balance over $250,000 will be rejected and no transfer of funds will occur.

  5. After initiating a withdrawal, interest shall continue to accrue on the requested funds until these funds are disbursed by the Company. The funds must be sent within 7 days of withdrawal initiation. Failure to do so will result in the Lender's account switching to a 25% penalty interest rate until the funds are sent, at which point the account will revert to an interest rate of 8%.

  6. There shall be no fees or transaction limits associated with the account, other than that implied by the $250,000 maximum balance achievable through deposits.

  7. The Company has the right to close the account at any time by sending all loaned funds plus accrued interest.

  8. It is the intent of these Terms & Conditions that even in the event of death or incapacitation of the Manager that this Document gives the Lender full recourse to the Managers’ assets, even after transfer to other beneficiaries of the estate, without exception or limitation.