CGB Green Liberty Notes

Overview

Raised to Date: Raised: $373,700

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    Open SEC Filing

Interest Rate

5.25%

Term Length

1.0 years

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/21/2024

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$12,457

Momentum
Funded
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Year Founded

2021

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Location

HARTFORD, Connecticut

Business Type

Growth

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 - $373,700 Debt Funded 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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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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CGB Green Liberty Notes on Raise Green 2024
Platform: Raise Green
Security Type: Debt

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