Oakwood Lending Offering $2M in Debt Securities

10/10/19

By Sabrina Berndt, NC Biz News

Oakwood Lending, LLC is offering $2 million in debt securities, according to a Securities and Exchange Commission filing.

The company sold $600,000 in debt securities with $1.4 million remaining to be sold.

Oakwood Lending filed the Form D on Oct. 9. It did not disclose what it intended to do with the proceeds.

Founded in 2015, Oakwood Lending is a private money lender that serves real estate investors in North Carolina.

Companies relying on a Reg D exemption do not have to register their offering of securities with the SEC, but they must file what’s known as a Form D electronically with the SEC after they first sell their securities.

The form can be found here.

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