Shepherd’s Finance has filed a notice of an exempt offering of securities to raise $8,000,000.00 in Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Shepherd’s Finance is raising $8,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Daniel Wallach played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Shepherd’s Finance Welcome to Shepherd’s Finance, LLC, a finance company owned and operated in the United States. We borrow money on fixed-rate notes which we offer with durations of one to four years. We invest most of our equity and the money we borrow in loans to home builders to construct residential homes and/or develop residential building lots, most of which are not sold at the time construction starts. Our loans are secured by the land, lots, and construction we fund. While this lending is secured, it has a higher degree of risk than many other types of lending. Our Company views our borrowers as long term relationship customers. Here is what we offer: Loans to build spec houses in subdivisions where you are building today, appropriate loan to values based on each market, one on one service, easy process, no garbage fees, a reasonable interest rate, and a large loan fee funded by us on the first draw and paid by you when the home sells.
To learn more about Shepherd’s Finance, visit https://www.shepherdsfinance.com/
Contact:
Daniel Wallach, Chief Executive Officer
302-752-2688
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