Form D Reporting Owner Builder Loans $1.00 million Financing. Fred L Arnold Published Oct 4 form

Banking and Financial Services Owner Builder Loans, Llc - Fred L Arnold

Owner Builder Loans Financing

Owner Builder Loans, Llc, Limited Liability Company just filed form D announcing $1.00 million debt financing. The date of first sale was 2016-05-01. Owner Builder Loans was able to fundraise $177,015 so far. That is 17.70% of the round of financing. The total private financing amount was $1.00 million. The financing form was filed on 2016-10-04. The reason for the financing was: The offering terminated on June 27, 2016.. The fundraising still has about $822,985 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Owner Builder Loans is based in Michigan. The filler’s business is Other Banking and Financial Services. The form was submitted by Fred L Arnold President. The company was incorporated more than five years ago. The filler’s address is: 2035 Hogback Road, Ann Arbor, Mi, Michigan, 48105. Fred L Arnold is the related person in the form and it has address: 2035 Hogback Road, Ann Arbor, Mi, Michigan, 48105. Link to Owner Builder Loans Filing: 000160353316000005.

Analysis of Owner Builder Loans Offering

On average, startups in the Other Banking and Financial Services sector, sell 60.00% of the total offering size. Owner Builder Loans sold 17.70% of the offering. The financing is still open. The average financing size for companies in the Other Banking and Financial Services industry is $1.58 million. The offering was 88.76% smaller than the average of $1.58 million. Of course this should not be seen as negative. Firms get financed for a variety of reasons and needs. The minimum investment for this financing is set at $25000. If you know more about the reasons for the financing, please comment below.

What is Form D? What It Is Used For

Form D disclosures could be used to track and understand better your competitors. The information in Form D is usually highly confidential for ventures and startups and they don’t like revealing it. This is because it reveals amount raised or planned to be raised as well as reasons for the financing. This could help competitors. Entrepreneurs usually want to keep their financing a ‘secret’ so they can stay in stealth mode for longer.

Why Fundraising Reporting Is Good For Owner Builder Loans Also

The Form D signed by Fred L Arnold might help Owner Builder Loans, Llc’s sector. First, it helps potential customers feel more safe to deal with a firm that is well financed. The odds are higher that it will stay in the business. Second, this could attract other investors such as venture-capital firms, funds and angels. Third, positive PR effects could even bring leasing firms and venture lenders.

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