Form D Don’t Lie: Bancaffiliated $5.00 million Financing. Garry J Graham Released Nov 30 form

Banking and Financial Services Bancaffiliated Inc - Garry J Graham

Bancaffiliated Financing

Bancaffiliated Inc, Corporation just released form D about $5.00 million equity financing. This is a new filing. Bancaffiliated was able to fundraise $5.00 million. That is 100.00% of the fundraising. The total offering amount was $5.00 million. The offering form was filed on 2016-11-30. The reason for the financing was: unspecified.

Bancaffiliated is based in Texas. The firm’s business is Other Banking and Financial Services. The form D was signed by Garry J Graham President and CEO. The company was incorporated more than five years ago. The filler’s address is: 500 Harwood Rd, Bedford, Tx, Texas, 76021. Garry Graham is the related person in the form and it has address: 2326 W. Pleasant Ridge Road, Arlington, Tx, Texas, 76021. Link to Bancaffiliated Filing: 000113340916000002.

Analysis of Bancaffiliated Offering

On average, firms in the Other Banking and Financial Services sector, sell 60.00% of the total offering amount. Bancaffiliated sold 100.00% of the offering. Could this mean that the trust in Bancaffiliated is high? The average fundraising amount for companies in the Other Banking and Financial Services industry is $1.58 million. The total amount raised is 217.46% bigger than the average for companies in the Other Banking and Financial Services sector. The minimum investment for this financing is set at $80000. 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 Bancaffiliated Also

The Form D signed by Garry J Graham might help Bancaffiliated 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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