Use of Proceeds

Peli Peli is seeking to raise between $250,000 and $500,000 on NextSeed. Proceeds will be utilized for strategic growth initiatives, new product development and general working capital.

Peli Peli is exploring options for a new restaurant location. If it is successful in raising its maximum goal on NextSeed, the additional proceeds will provide Peli Peli with the flexibility to move more quickly as leasing opportunities arise.

Key Terms

Issuer
Peli Peli #2, LP

Type of Offering
Texas Intrastate Crowdfunding

Offered By
NextSeed TX LLC

Offering Min

$250,000

Offering Max

$500,000

Min Individual Investment

$100

Type of Securities

Term Note

Maturity 48 months
Payments

Monthly

Security Interest All obligations of the Issuer under the TLAs are unsecured obligations.
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 17%

Total Payment Calculator

Interest Rate*
17%
Term
48 months
Principal
$100.00
Total Payment*
$138.50
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