Use of Proceeds

100% of the proceeds will be used for the purchase of custom Pilates reformers. Any excess funds will be put towards the build out of the interior space and working capital for staffing and operations.

Key Terms

Issuer
Flying Nun Collective LLC

Type of Offering
Regulation Crowdfunding

Offered By
NextSeed US LLC

Offering Min

$65,000

Offering Max

$100,000

Min Individual Investment

$100

Type of Securities

Term Note

Maturity 48 months
Payments

Monthly

Security Interest The Issuer will grant a security interest in all of its assets in favor of NextSeed for the benefit of the investors to secure the Issuer’s obligations under the Securities.
Ownership % Represented by Securities

0% Investors will not receive any equity interests in the Issuer or any voting or management rights with respect to the Issuer as a result of an investment in Securities.

Interest Rate 15.25%
View the Issuer's SEC Form C filing

Total Payment Calculator

Interest Rate*
15.25%
Term
48 months
Principal
$100.00
Total Payment*
$134.20
181522293643Months$0.00$35.00$70.00$105.00$140.00
  • Projected total payment

* Payment for any given month (including the total payment at the end of the final month) indicates the cumulative amount contractually required to be paid to an investor after the end of that month, assuming the loan is not prepaid. This calculation is a mathematical illustration only and may not reflect actual performance. It does not take into account NextSeed fees of 1% on each payment made to investors. Payment is not guaranteed or insured and investors may lose some or all of the principal invested if the Issuer cannot make its payments.

$0.00