ABR First Capital

Early Stage

Provider of short-term accounts receivable financing

Analytics

Raised to Date: Raised: $177,000

Aggregate Commitments $

Platform

Silicon Prairie Online

Start Date

01/01/2021

Close Date

10/23/2021

Min. Goal

$100,000

Max. Goal

$250,000

Min. Investment

$1,000

Security Type

Debt

Funding Type

RegCF

Rolling Commitments $

Status
Funded
Reporting Date

10/31/2021

Days Remaining
Funded
% of Min. Goal

177%

% of Max. Goal

71%

Likelihood of Max
Funded
Avg. Daily Raise

$600

# of Investors

15

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Location

El Paso, Texas

Industry

Financial & Insurance Products & Services

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

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.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$10,000

$0

Accounts Receivable

$0

$0

Total Assets

$33,100

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 01/01/2021
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$12.42 /month
billed annually
Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings (excluding risk)
Advanced company search ( with ratings)
Markets page filters and historical industry data
Get Edge Annual

Edge Pro

$41.58 /month
billed annually
Full site access including KingsCrowd's qualitative analyst reports.
Plan Includes:
Everything in Edge, plus
Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
Search and filter based on Analyst Reports
In-depth risk ratings for every raise
Get Edge Pro Annual
Already a member? Log in here.

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
ABR First Capital on Silicon Prairie Online
$
Platform: Silicon Prairie Online
Security Type: Debt

Follow company

Follow ABR First Capital on Silicon Prairie Online
View on Silicon Prairie Online (Closed)
Bullish / Bearish
You're Bullish on ABR First Capital on Silicon Prairie Online

Thank you for your vote on ABR First Capital on Silicon Prairie Online

Bullish / Bearish
You're Bearish on ABR First Capital on Silicon Prairie Online

Thank you for your vote on ABR First Capital on Silicon Prairie Online