Auto Loan Fund, LLC
Auto Loan Fund, LLC is a private equity fund based in Draper, Utah. According to its most recent Form D, filed Nov 23, 2020, it has sold $12,949,301 of interests to 63 investors since its first sale in Jun 2017. The minimum investment it accepts from an outside investor is $100,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Eric Stats.
- Total raised
- $12,949,301Cumulative sales reported on Form D
- Investors
- 63
- First sale
- Jun 14, 2017
- Minimum investment
- $100,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Eric Stats
- Latest Form D
- Nov 23, 2020
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Auto Loan Fund, LLC
What is the minimum investment for Auto Loan Fund, LLC?
According to its latest Form D, filed Nov 23, 2020, the minimum investment Auto Loan Fund, LLC accepts from an outside investor is $100,000.
Who can invest in Auto Loan Fund, LLC?
Auto Loan Fund, LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has Auto Loan Fund, LLC raised?
Auto Loan Fund, LLC reports $12,949,301 sold from 63 investors on its Form D filed Nov 23, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Auto Loan Fund, LLC based?
Auto Loan Fund, LLC is based in Draper, Utah.
When did Auto Loan Fund, LLC launch?
Auto Loan Fund, LLC reports its first sale in Jun 2017.
Size compared with every private equity fund
Raised more than 87% of the 228 private equity funds based in Utah, and more than 46% of all 8,896 that report sales.