Senior Secured Demand Notes
Our Senior Secured Demand Notes provide a 6% adjustable interest rate on investments of $50,000 or more. Investments are redeemable at par (face value) after 30 days and provide monthly interest distributions or optional reinvestment, allowing for maximum flexibility.
Our fund structure offers multiple layers of protection for Senior Secured Demand Noteholders.
$22.4 million loan portfolio secured by an estimated $37.9 million of real estate collateral.
Tiered loan portfolio capital structure provides Senior Secured Demand Noteholders with additional loan-to-value protection relative to Junior Noteholders and Equity Program investors.
As of December 31, 2017, the pro forma loan-to-value of an assumed $5 million investment in the Senior Secured Demand Notes would have been 24% and the real estate asset coverage would have been 4.1 times.
Senior Secured Demand Notes are redeemable with a 30-day notice which allows you to withdraw or add to your Senior Notes quickly and easily.
Our business model generates strong and stable recurring revenues available to make interest payments.
Interest expense paid on the Bank Financing and Senior Secured Demand Notes combined for the 12 months ended December 31, 2017 was $1,375,991. Gross revenues were approximately 8 times the amount necessary to pay this interest expense.
Interest expense paid on the Bank Financing, Senior Secured Demand Notes and Junior Notes combined for the 12 months ended December 31, 2017 was $3,971,237 million. Gross revenues were approximately 3 times the amount necessary to pay this interest expense.
The strength of our loan portfolio comes from our investment in the value creation of our borrowers. We do not speculate on the economy or the real estate market. Our loan portfolio has performed well in both down and up economies since 2016.
We invest in our borrowers and the talent they bring to their projects.
Our borrowers make money on the value they create in their projects.
Short term loans allow us to adapt quickly to changing markets.
What Clients sayWords from a few of our clients
James C. Bellino began this fund to provide for their family, perform a valuable service for their borrowers and deliver attractive returns to their investors.
With our in-house loan origination and underwriting process, we have intimate knowledge of the circumstances behind each loan we make.
Our Senior Secured Demand Notes are being offered only by means of the Offering Circular which is available at pmimmediately.com. The Offering Circular is part of an Offering Statement that was filed with, and qualified by, the Securities and Exchange Commission under Tier II of Regulation A under the Securities Act of 1933, as amended (the “Securities Act”). No offer to sell or solicitation of an offer to buy the Senior Secured Demand Notes is being made in any jurisdiction in which such offer, sale or solicitation would not be permitted by law.
The minimum investment in our Senior Secured Demand Notes is $50,000. Persons who are not “accredited investors” as defined for purposes of Regulation D under the Securities Act will not be permitted to purchase Senior Secured Demand Notes in an amount in excess of 10 percent of the greater of the investor’s annual income or net worth (for natural persons) or revenues or net assets (for entities).
This presentation includes “forward-looking statements” within the meaning of the federal securities laws. Forward-looking statements are generally identifiable by the use of words such as “may,” “should,” “expects,” “plans,” “believes,” “estimates,” “predicts,” and similar words or expressions. Such statements include information concerning our plans, expectations, possible or assumed future financial results, trends and business plans, and involve risks and uncertainties that are difficult to predict and subject to change based on various important factors, many of which are beyond our control. Such factors include, but are not limited to, those discussed in the “Risk Factors” section of the Offering Circular. These and other important factors could cause actual results to differ materially from those described in any forward-looking statement. You should not place undue reliance on our forward-looking statements and information. The forward-looking statements included in this presentation are made as of the date hereof and we assume no obligation and do not intend to update such forward-looking statements or the reasons actual results could differ from those described in such forward-looking statements. All forward-looking statements contained in this presentation are expressly qualified by these cautionary statements. Statements other than statements of historical fact are forward-looking statements.