Company History

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.