Craft3 reached the $1.96 million mark raised via its debt financing

Change: offered +0% / raised +37% / placed 10%

craft3Craft3 disclosed having increased subscription by 37% on its $20 million debt financing. An additional $525,000 worth of securities was placed by the company with five investors since the company last released data six months ago. This brings to $1.96 million the amount raised from the nineteen backers who subscribed to the offering. The offering is structured as indefinite and will remain open until fully subscribed. This is the first offering filed by Craft3 under a registration exemption.

The company is a non-profit community development firm providing loans and advice to businesses that create family wage jobs, non-profits that provide essential services to their communities and municipalities and Tribal governments for community facilities and economic development efforts. The company also offers loans to individuals and other entities that do not normally have access to financing.

The company is headquartered in Ilwaco WA. Craft3 kept its revenues undisclosed.
The executive team includes Abigail Bielemeier, Crystal Green, David Oser and John Berdes.

Offering recap
Status: Intermediary close
Company: Craft3
Industry: Other
Amount offered: $20 million
Amount placed: $1.96 million
First sale: 07-01-2013
Data as of: 05-27-2014


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s