JANUARY, 1993: Max McDermott begins lending to contractors & small builders with approximately $2mm of seed money from friends & family. Original debenture offering is issued under ‘Capital Quick” with secure rates starting at 7%.
DECEMBER, 1995: Total loan originations exceed $7mm. Debenture funds under management exceed $4mm. Direct note investment availability increases to $3mm. Company headquarters are founded in Tustin, CA, where it has remained for 21 years.
JANUARY, 2000: Total loan originations exceed $20mm. Debenture funds under management increase to $6mm, while direct note investment availability increases to $15mm. Total assets under management (AUM) exceed $21mm.
JANUARY, 2003: Total loan originations exceed $30mm. Debenture funds under management increase to $8mm, while direct note investment availability increases to $25mm.
FEBRUARY, 2007: Company changes name to James Ave. Properties. Total originations for 2007 exceed $40mm. Total AUM exceed $41mm.
JUNE, 2009: Company changes name to Secured Income Group. Total originations exceed $30mm for all of 2009.
JANUARY, 2012: Company hires CFO Sabrinna Rosetti and COO Amy Sutton to begin expansion of lending capacity and Debenture Offering. Debenture funds under management exceed $9mm, which direct note investment availability increases to $30mm. Total company AUM of approximately $39mm.
DECEMBER 2015: Originations for calendar year exceed $50mm for first time in company history. Debenture funds under management exceed $10mm, while direct note investment availability increases to $35mm. Total company AUM of approximately $45mm.
MAY, 2017: SIG launches Secure Rate Offering online for the first time in company history, under jobs act of 2012, available to accredited investors. Total originations for 2017 are expected to total $60mm, while total AUM now exceed $70mm. SIG has raised $3.6mm since Offering was made available online, with total debenture funds under management of over $14mm.
SIG has a stated goal to reach 100mm of total AUM by end of calendar 2019.
Secured Income Group
17592 E. 17th Street
STE 100, Tustin, CA 92780
Phone: (714) 586-7820
All Terms and Rates Subject to Change. Please refer to Fund Offering for current terms.
SIG Secure Rate™ Term Investments are available to residents of: AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA,WV, WI, WY.
POTENTIAL INVESTORS SHOULD REQUEST A COPY OF THE OFFERING TO REVIEW PRIOR TO INVESTING. The foregoing is being provided for informational purposes only and does not constitute an offer to sell or a solicitation of any offer to buy the securities of Secured Income Group. Such an offer may only be made to accredited investors pursuant to the confidential private placement memorandum, which contains material information concerning the fund’s investment strategies, business terms and risk.