ABR First Capital
About this raise
ABR First Capital, a provider of asset-based lending, is raising crowdfunding on Silicon Prairie Online. The company gives short-term accounts receivable financing to commercial construction contractors working under federal, state, and local government contracts. Frank Bashore founded ABR First Capital in July 2020. The current crowdfunding raise has a minimum target of $1,000 and a maximum target of $107,000. The proceeds of the raise will be used for growth and expansion. ABR First Capital charges a fee for advancing asset-based loans and is guaranteed to be paid by government agencies.
Investment Overview
Invested : $177,000
Deal Terms
Total Commitments
- Platform
- Silicon Prairie Online
- Start Date
- 01/01/2021
- Close Date
- 10/23/2021
$100,000
$250,000
$1,000
Debt
RegCF
Company & Team
Company
- Year Founded
- 2020
- Industry
- Financial & Insurance Products & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 10/23/2021 | Silicon Prairie Online | - | $177,000 | Debt | Funded | RegCF |