CGB Green Liberty Notes
Confronting climate change and providing all of society with a healthier and more prosperous future
Overview
Raised: $204,816
Total Commitments ($USD)
Platform
Raise Green
Start Date
04/15/2024
Close Date
05/16/2024
Min. Goal
$50,000
Max. Goal
$350,000
Min. Investment
$100
Security Type
Debt
Series
Series H
SEC Filing Type
RegCF
Interest Rate
5.25%
Term Length
1.0 years
Rolling Commitments ($USD)
Status
Active
Reporting Date
04/28/2024
Days Remaining
17
% of Min. Goal
410%
% of Max. Goal
59%
Likelihood of Max
Avg. Daily Raise
$15,755
Momentum
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Year Founded
2021
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
CGB Green Liberty Notes is raising funds on Raise Green. The company is a part of Connecticut Green Bank and aims to accelerate green energy adoption in Connecticut. CGB Green Liberty focuses on supporting small businesses that are advancing energy efficiency and helps them in reducing their energy costs. The company has mobilized over $2.43 billion of investment into the clean energy economy of Connecticut. Bryan Garcia founded CGB Green Liberty Notes in October 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $350,000. The campaign proceeds will be used for debt service.
Summary Profit and Loss Statement
| FY 2023 | FY 2022 | |
|---|---|---|
|
Revenue |
$89,807 |
$32,594 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$26,759 |
$6,416 |
Summary Balance Sheet
| FY 2023 | FY 2022 | |
|---|---|---|
|
Cash |
$2,902,733 |
$955,913 |
|
Accounts Receivable |
$143,664 |
$26,872 |
|
Total Assets |
$6,817,127 |
$3,336,320 |
|
Short-Term Debt |
$1,017,645 |
$305,847 |
|
Long-Term Debt |
$5,766,307 |
$3,024,057 |
|
Total Liabilities |
$6,783,952 |
$3,329,904 |
Financials as of: 04/15/2024
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| CGB Green Liberty Notes | 05/15/2024 | Raise Green | - | $204,816 | Debt | Active | RegCF |
| CGB Green Liberty Notes | 02/10/2024 | Raise Green | - | $350,000 | Debt | Funded | RegCF |
| CGB Green Liberty Notes | 10/25/2023 | Raise Green | - | $350,000 | Debt | Funded | RegCF |
| CGB Green Liberty Notes | 08/02/2023 | Raise Green | - | $407,100 | Debt | Funded | RegCF |
| CGB Green Liberty Notes | 05/18/2023 | Raise Green | - | $250,000 | Debt | Funded | RegCF |
| CGB Green Liberty Notes | 01/14/2023 | Raise Green | - | $250,000 | Debt | Funded | RegCF |
| CGB Green Liberty Notes | 10/25/2022 | Raise Green | - | $255,900 | Debt | Funded | RegCF |
| CGB Green Liberty Notes | 08/04/2022 | Raise Green | - | $246,300 | Debt | Funded | RegCF |
| CGB Green Liberty Notes | 05/13/2022 | Raise Green | - | $114,100 | Debt | Funded | RegCF |
| CGB Green Liberty Notes | 01/13/2022 | Raise Green | - | $171,900 | Debt | Funded | RegCF |
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