Use of Proceeds

The total anticipated project cost for SING is $650,000. The owners have committed $300,000 in equity to date. Proceeds from the NextSeed raise will be used for start-up infrastructure, build out and operating capital.

Funds raised above the $50,000 minimum will be put towards the start-up budget, working capital, and FF&E.

Key Terms

Sing1, LLC

Type of Offering
Regulation Crowdfunding

Offered By
NextSeed US LLC

Offering Min


Offering Max


Min Individual Investment


Type of Securities

Term Note

Maturity 48 months


Security Interest Blanket lien on all assets of the business, junior to lien provided to secure a senior loan.
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 16%
View the Issuer's SEC Form C filing

Total Payment Calculator

Interest Rate*
48 months
Total Payment*
  • 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.