Best Credit Management Financing
Best Credit Management, Inc., Corporation just released form D announcing $886,340 equity financing. This is a new filing. Best Credit Management was able to fundraise $886,340. That is 100.00% of the offering. The total private financing amount was $886,340. The form was filed on 2016-11-29. The reason for the financing was: unspecified.
Best Credit Management is based in Alabama. The firm’s business is Other Technology. The form was filed by Pierre Robert CEO and President. The company was incorporated in 2014. The filler’s address is: 58 Anson Road, Concord, Ma, Massachusetts, 01742. Pierre Robert is the related person in the form and it has address: 58 Anson Road, Concord, Ma, Massachusetts, 01742. Link to Best Credit Management Filing: 000162148516000002.
Analysis of Best Credit Management Offering
On average, firms in the Other Technology sector, sell 85.80% of the total offering size. Best Credit Management sold 100.00% of the offering. Could this mean that the trust in Best Credit Management is high? The average financing size for companies in the Other Technology industry is $1.54 million. The offering was 42.45% smaller than the average of $1.54 million. Of course this should not be seen as negative. Firms raise funds for different reasons and needs. The minimum investment for this offering is set at $15000. 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 Best Credit Management Also
The Form D signed by Pierre Robert might help Best Credit Management, Inc.’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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