Pelorus Equity Group Secures $20 Million, 4.75% Credit Line With FDIC-Insured Bank

Newport Beach-based privately held real estate loan provider Pelorus Equity Group announced it has secured up to a $20M line of credit with a Florida-based FDIC-insured bank at 4.75% and no non-usage fees, depending on the business owners’ needs and qualifications. Pelorus Equity Group specializes …