You're so right! There's no evidence that Fred is on the hook with toxic lenders.
Instead, CJTF seems to receive its lunch money from a Related Party, as Note Payables, which are repaid with billions of fresh-issued CJTF shares.
For example, Fred borrowed $105K and change from a Related Party in 2016, issued 66 million CJTF shares as partial payment, and still owes $430K to that Related Party!
Here is how Fred explains how Russ finances him at a mere 15%:
See, no toxic lending ! Fred receives money from his bro, wastes it, and then issues billions of CJTF shares to his brother ! In 2015, 1.7 billion CJTF shares were issued for "debt reduction".