Brisco Funding

Chappaqua, NY 10514, US
Financial Services
www.briscofunding.com

Brisco Funding is a private lender. We make short term loans to real estate developers who use our funds to purchase and renovate single homes (aka "fix and flip").

SUMMARY
Brisco Funding is a private lender founded in 2012. We make short term loans to real estate investors and developers who use our funds to buy and renovate single family homes (aka "fix and flip"). We are the lender of choice for many developers in the NY and NJ areas because we know what borrowers want: competitive terms, fast close, reliability, and no hidden junk fees.

THE OPPORTUNITY: 9%
We are currently raising capital for our second fund which pays a flat 9% annual return paid out in monthly dividends. The fund functions like a Private Mortgage REIT. Investor funds are pooled and then lent out to multiple borrowers. When a loan is paid back, the funds are immediately recycled into a new loan, so your investment is always at work for you.

WHY WE ARE BETTER
• Brisco Funding loans are all secured by first-position mortgages.
• Our borrowers put down a minimum of 20% into each deal. This “skin in the game” keeps our default rate extremely low.
• Other debt funds put your investment into a single loan, which has two disadvantages. First, there is more risk since you are less diversified. And second, when the loan is paid back, your money is no longer earning a return. With Brisco Funding, your investment is spread equally over all loans in the portfolio and is continuously earning a return.
• Other funds employ leverage (i.e. debt) to boost returns. OUR FUND IS DEBT FREE.
• Our loans are at a low 65% LTV. Other funds go up to 70% or higher, which is riskier for the lender.
• Brisco Funding pays investors a flat 9% preferred return. Other funds may state a higher return, but they don’t account for the time your money is idle between loans, so the realized return may be less.
• Manager is paid a low ½% management fee and has more than $1M of his personal funds invested.
• We have a perfect track record of making interest and dividend payments to our investors. In our five year history, we have never missed a payment or made a late payment.

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Summary

Prior Year Revenue Current Year Revenue Next Year Revenue
Company Age Employees Sub-Industry
6 years, 10 months 2 Mortgage Investment
Company Type Stock Exchange Stock Symbol
Privately-Held - -

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Loans

We provide short term asset-based loans secured by first-position mortgages to real estate developers. Funds are used primarily to purchase and renovate single-family homes.

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President Executive Officer
Peter Spiro

Peter SpiroAfter earning a computer science degree from the University of Pennsylvania, Mr. Spiro worked as a software developer for 23 years before leaving that field to begin a second career in private lending. He founded Brisco Funding in 2012 and continues to run the company today. He lives with his family in Chappaqua, NY.

Funding

20%

Funding Goal$20,000,000

Funding Raised So Far$4,000,000

Funding Commitments$0

Funding Remaining$16,000,000

Funding TypeEquity

Pre-Money Valuation

Investor Ownership

Interest / Dividend

Previous Funding

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