Salt loans (“Salt”), a pioneer in collected credit in Bitcoin, announced today the execution of a letter of intent (law) with Golfittes 1 Inc. (Golfsites) and his company Sister ERC Communities 1 Inc (ERC). Under the law, Salt intends to provide funded funding by BTC for an estimated $ 105 million in higher secure credit facilities, including 35 million dollars for the expansion of golf golf entertainment and $ 70 million For house communities made to build the ERC.
The profits will finance the external distribution places of new gulfs and the “city clubs” of interior simulator, the inherited debt selected at the retirement and the development of Zephyrhills of 268 ERC units, the development of the rental house FL.
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The project will offer five -year golfi tickets and ERC 1 communities which will wear an attractive annual coupon with interest to pay monthly during the duration of 5 years.
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Bitcoin holders will be able to take advantage of an over-collateralized structure designed to protect all stakeholders and have access to the associated investment opportunity.
“Our model is a three -way highway: the real estate capital flows of the manufacturers, the Bitcoin remains on the assessments that are made up and the lenders collect predictable yields – all move in the same direction,” said Shawn OwenFounder and CEO of Salt Lending. “This agreement shows how Bitcoin can unlock the growth of traditional industries such as golf entertainment and feasible housing.”
Gerald EllenburgPresident and chief executive officer of Golfitites 1 and ERC 1, added: “This is a very important transaction for our companies. The innovative structure of Salt gives us the track to build several new golf sites 1 place and finish our flagship projects of the ERC 1 while offering an attractive and improved document for investors. ”
About Golfsites 1
Golfitis 1 (founded 2016) operates entertainment locations focused on golf course that combine outdoor driving ranges, indoor simulators, restaurants and coaches. Current sites include Lubbock, TX and Red Baton, La, with Auburn University, Al and Madison, MS being developed.
On ERC 1 communities
The ERC 1 communities develop and manage districts made at home that treat the shortage of affordable housing in America. The first community of 184 houses in Zephyrhills, in FL, innovated in 2025.
About salt loans
Founded in 2016 and whose headquarters are in Denver, salt loans are the pioneer of loans supported by the crypto. Salt’s mission is to build and allow simple, familiar and new cryptographic financial products that increase access to financial opportunities and give consumers more control over their ability to generate long -term wealth.
Salt crypto loan products allow its users to access a credit transparent against their crypto portfolios – while the company’s integrated B2B cryptography loan service allows third -party platforms to offer these products to their users. For more information, visit www.saltlending.com or follow us on X and LinkedIn.
About Chris Champion and Capital Champion
Chris Champion, aka Chris Sweis, is advisor to Salt Lending and Gerald Ellenburg and entities known as Golf Suites 1 and ERC Communities 1. He played a decisive role in the architecture of this new commercial vehicle marked out by Bitcoin.
Important please read
Prospective statements – This press release contains declarations of intention and projections subject to due diligence, final documentation and regulatory approval. Real results can
differ materially.
