New York Bankers Title Agency West Financing
New York Bankers Title Agency West Llc, Limited Liability Company just submitted form D announcing $30,000 equity financing. This is a new filing. New York Bankers Title Agency West was able to sell $30,000. That is 100.00% of the fundraising offer. The total private financing amount was $30,000. The form was filed on 2016-10-14. The reason for the financing was: unspecified.
New York Bankers Title Agency West is based in Alabama. The filler’s business is Insurance. The SEC form was submitted by Michael W Aiken SVP, Investors Title Mgt Services, Manager. The company was incorporated more than five years ago. The filler’s address is: 400 Andrews Street, Suite 615, Rochester, Ny, New York, 14604-1425. Management Services Investors Title is the related person in the form and it has address: 121 N. Columbia Street, Chapel Hill, Nc, North Carolina, 27514. Link to New York Bankers Title Agency West Filing: 000142717216000001.
Analysis of New York Bankers Title Agency West Offering
On average, startups in the Insurance sector, sell 70.00% of the total offering size. New York Bankers Title Agency West sold 100.00% of the offering. Could this mean that the trust in New York Bankers Title Agency West is high? The average offering size for companies in the Insurance industry is $996,000. The offering was 96.99% smaller than the average of $996,000. Of course this should not be seen as negative. Businesses raise funds for different needs and reasons. The minimum investment for this fundraising was set at $6000. 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 New York Bankers Title Agency West Also
The Form D signed by Michael W Aiken might help New York Bankers Title Agency West 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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