Shadow Grove Asset Loan Program
We understand that equity based investments are not for everyone. As such, we wanted to give those with the desire to invest without as much risk the chance to do so. Our loan program will be structured so that the investor retains ownership of an asset or several assets that Shadow Grove Brewing LLC will make payments on directly to the investor. These loans will be based on 1 10% APR simple interest loan schedule and will allow a 6 month grace period before payments begin. Interest will accrue for the investor during this grace period. The length of the loan will be contingent on the total amount invested. The amortization schedule below will give you an example of the return you will see based upon the minimum loan amount of $5,000.
After you have decided to invest in our loan program and the amount and terms have been agreed upon, you will be provided with a list of gear that we will purchase with your investment and funds will be transferred to our account to purchase the equipment on that list. Once the purchase is complete and the items have been delivered, we will serialize the assets and provide you those serial numbers for you to retain. Loan payments will begin six months after the initial purchase was made and will be paid monthly until completion of the loan terms or until the balance owed is paid in full including all interest accrued to that point. Loan payments will be made by either electronic transfer or paper check as long as a mailing address is provided. Once the loan term has been completed and all payments have been made, the ownership of those assets will transfer to Shadow Grove Brewing.
1. Do I get to pick the equipment that Shadow Grove will purchase with my investment?
Unfortunately, no, we will decide what will be purchased based on necessity and priority. You will be given an asset list with serial numbers upon completion of equipment purchase.
2. What happens to my equipment if you go out of business?
In the event that Shadow Grove Brewing Dissolves for any reason, asset owners will have to opportunity to decide whether they would like us to sell the equipment for them or whether you would like to pick up and retain the item/s. Used brewing equipment at the scale we require currently retains most of its value and is easy to quickly liquidate.
3. Can I take my equipment back at any time and sell it?
No, the loan agreement contract will not allow equipment owners the right to seize their equipment unless the loan payment has not been made past the grace period of 15 days.
4. How long in the duration of the loan?
The duration of the loan will be contingent on the total amount of the loan and will be negotiated prior to signing the loan agreement. We expect a range of 2 to 5 years depending on amount.
5. What happens if Shadow Grove Brewing pays back the loan early?
In the event that we are able to pay back the loan early, we will pay all the remaining balance on the loan including accrued interest to that point and the loan will be deemed complete and asset ownership transferred to Shadow Grove Brewing LLC.
Example Amortization Schedule can be Found Here:
For anyone that would like invest or to see the full details: a copy of our business plan and subscription agreement, please fill out the form below to request access.