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 5 years in duration and based on a 10% APR simple interest loan schedule and will allow a 6 month grace period before payments begin. The amortization schedule link at the bottom of this page 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.
Do I get to pick the equipment that Shadow Grove Brewing 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. These funds will only be used for equipment or assets that can be liquidated, not for operating expenses.
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.
How long in the duration of the loan?
The duration of the loan is for five years, starting December 1st, 2019, with an option for us to pay it back early. The first payment will be made on June 1st, 2020.
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.
Click HERE to see the example pay back schedule.
For anyone that would like invest or to see the full details: a copy of our business plan and a sample contract, please fill out the form below to request access.