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What’s In A Name? Senior Secured Demand Notes

 

Portland, OR

Iron Bridge Mortgage Fund is currently offering investors the opportunity to invest in Senior Secured Demand Notes, which return 6% interest (6.17% with compounding interest).

In everyday conversation, Iron Bridge calls these Senior Notes. But what does the full name mean?

Here’s the answer…

IRON BRIDGE AT A GLANCE:
Years in Business:9
Borrowers:729
Current States Lending In:29
Total Projects: 2,283
Borrower Net Profits:$98,341,497

What’s In A Name?

Iron Bridge

Senior Secured Demand Notes

Senior

The Senior Notes are senior in security interest to the Company’s existing Junior Notes and Equity Program capital. It is the most secure position of the Company’s investment options.

Secured

The Senior Noteholders are secured and protected by over $98 million in real estate collateral, over $20 million in Equity Program capital, and further protected by over $28 million in Junior Notes, which would all have to be charged off prior to a Senior Noteholder losing any of their principal investment. (all amounts are as of December 31, 2017).

Demand

Senior Noteholders can demand (or withdraw) from their Senior Notes intra-month, or add to their Senior Notes intra-month. This offers investors the ability to earn interest from the day Iron Bridge receives the funds through the day the funds are returned to the investor. It’s a great way for investors to earn an attractive rate of return on capital that might otherwise be sitting in the bank.

Notes

Debt securities are called notes, and senior notes take precedence over other unsecured notes. Iron Bridge Senior Secured Demand Notes pay interest, which is 6% monthly. With monthly compounding, this increases to 6.17%.

We invested with Iron Bridge for a number of reasons. One is that we can get a better return on our investment than we can in money market accounts or the uncertainties of the stock market. Knowing that Iron Bridge is backed by over $90 million of real estate is a comfort to us and having our funds available to us should we need them is a big plus. The monthly interest payments help with budgeting in retirement and have added confidence to our retirement portfolio. We have been happy with the performance and security of Iron Bridge and are considering additional investments.”

Paul & Nancy W.

Iron Bridge Investors

Iron Bridge Senior Secure Demand Notes

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Portfolio Properties

US States Operating In

Real Estate Collateral

%

Interest with Compounding

Days Redeemable

Lockup or Waiting Period

DISCLOSURE: The views and opinions shared in this article are those of the author(s), and do not represent the views of Iron Bridge Lending nor are they formal recommendations. Iron Bridge does not provide tax, legal or investment advice, and this article should not be construed as such. Before making any investment, investors should consult with their own attorneys, accountants or other investment advisors.

Our Senior Secured Demand Notes are being offered only by means of the Offering Circular which is available at www.ironbridgelending.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.

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