Lighthouse Life Capital
Settle for a better life
Overview
Raised: $23,691,000
Platform
Self Managed
Start Date
01/31/2022
Close Date
Not Provided
Min. Goal
$10,000
Max. Goal
$50,000,000
Min. Investment
$10,000
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegA+
Interest Rate
7.50%
Term Length
4.0 years
Year Founded
2020
Industry
Financial & Insurance Products & Services
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Lighthouse Life Capital is raising funds independently through Reg A+ crowdfunding. The company allows seniors to sell their life insurance policies through life settlements for cash. Lighthouse Life Capital makes the process of selling life insurance policies and receiving life settlements fast, simple, and easy to understand. The funds received in exchange for life insurance can be used to fund retirement, cover healthcare expenses, and reduce expenses. Michael Freedman founded Lighthouse Life Capital in 2020. The current crowdfunding campaign has no minimum target and a maximum target of $50,000,000. The campaign proceeds will be used for working capital and general corporate purposes.
Balance Sheet
|
Cash and Cash Equivalents |
$400,000 |
| Total Assets |
$400,000 |
|
Accounts Payable & Accrued Liabilities |
$0 |
|
Long Term Debt |
$0 |
|
Total Liabilities |
$0 |
|
Total Stockholders' Equity |
$400,000 |
| Total Liabilities and Equity |
$400,000 |
Statement of Comprehensive Income Information
| Net Income |
$0 |
|
Earnings Per Share - Basic |
$0.00 |
|
Earnings Per Share - Diluted |
$0.00 |
Auditor: BBD, LLP
Financials as of: 01/31/2022
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