Company research
Shepherd's Finance, LLC
CIK 1544190Updated Oct 6, 2026
Filing activity
Latest filing
50 filings on record · 10-Q, 424B3, 8-K/A, 8-K, EFFECT, POS EX.
About the company
Our business is focused on commercial lending to participants in the residential construction and development industry. We believe this market is underserved because of the lack of traditional lenders currently participating in the market. We are located in Jacksonville, Florida. We are organized as a Delaware limited liability company and our operations are governed pursuant to our limited liability company agreement.
Recent filings
10-Q filing
424B3 filing
Financial Statements and Exhibits
Items 9.01
Changes in Registrant's Certifying Accountant
Items 4.01, 9.01
10-Q filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 68,536,000Source | 69,363,000Source | 64,834,000Source | 65,472,000Source |
| Property, Plant and Equipment, NetUSD | 790,000Source | 805,000Source | 828,000Source | 852,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 3,490,000Source | 3,347,000Source | 3,522,000Source | 2,996,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 60,325,000Source | 60,790,000Source | 58,067,000Source | 57,667,000Source |
| Liabilities and EquityUSD | 68,536,000Source | 69,363,000Source | 64,834,000Source | 65,472,000Source |
| Additional Financial Items | ||||
| Long-term DebtUSD | 54,460,000Source | 56,465,000Source | 53,543,000Source | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | 1,035,000Source | 1,991,000Source | — |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 63,000Source | 80,000Source | 81,000Source | 56,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 7,000Source | — | 7,000Source | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 4,415,000Source | 6,479,000Source | 5,063,000Source | 4,691,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 1,425,000Source | -6,324,000Source | -1,192,000Source | -8,525,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 10,000Source | — | — | — |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | — | — | 180,000Source | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -5,447,000Source | -330,000Source | -4,545,000Source | 4,295,000Source |
| Payments of Ordinary Dividends, Common StockUSD | — | 906,000Source | 1,286,000Source | 624,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 393,000Source | -175,000Source | -674,000Source | 461,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 4,757,000Source | 4,280,000Source | 6,464,000Source | 4,649,000Source |
| Additional Financial Items | ||||
| Amortization of Debt Issuance CostsUSD | 166,000Source | 204,000Source | 235,000Source | 227,000Source |
| Equipment ExpenseUSD | 1,000Source | — | — | — |
| Gain (Loss) on Disposition of AssetsUSD | — | — | 8,000Source | 101,000Source |
| Gain (Loss) on Sale of InvestmentsUSD | 276,000Source | — | 10,000Source | — |
| Gain (Loss) on Disposition of Assets for Financial Service OperationsUSD | 276,000Source | — | 8,000Source | 101,000Source |
| Net Income (Loss) Attributable to ParentUSD | 1,413,000Source | 1,737,000Source | 2,578,000Source | 1,760,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 425,000Source | 1,035,000Source | 1,994,000Source | 934,000Source |
| Other Nonoperating Income (Expense)USD | 8,310,000Source | 8,471,000Source | 5,391,000Source | 4,501,000Source |
| Payments to Acquire InvestmentsUSD | — | 2,996,000Source | — | — |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | — | — | 737,000Source | 930,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Selling, General and Administrative ExpenseUSD | 3,824,000Source | 3,061,000Source | 2,696,000Source | 2,683,000Source |
| Other Nonoperating Income (Expense)USD | 8,310,000Source | 8,471,000Source | 5,391,000Source | 4,501,000Source |
| Net Income (Loss) Attributable to ParentUSD | 1,413,000Source | 1,737,000Source | 2,578,000Source | 1,760,000Source |
| Additional Financial Items | ||||
| Depreciation, Depletion and Amortization, NonproductionUSD | 63,000Source | 80,000Source | 81,000Source | 53,000Source |
| Equipment ExpenseUSD | 1,000Source | — | — | — |
| Interest ExpenseUSD | — | — | 5,524,000Source | 5,106,000Source |
| InterestExpenseOperatingUSD | 5,072,000Source | 4,861,000Source | — | — |
| Interest Income (Expense), NetUSD | 5,732,000Source | 5,337,000Source | 6,030,000Source | 5,114,000Source |
| Management Fee ExpenseUSD | — | — | 500,000Source | 500,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 425,000Source | 1,035,000Source | 1,994,000Source | 934,000Source |
| Preferred Stock Dividends, Income Statement ImpactUSD | 988,000Source | 702,000Source | 584,000Source | 826,000Source |
Offerings
Registration 333-290256
Filing attachments
ex4-1.htm · POS EX · 2026-04-30
Exhibit 4.1 SHEPHERD’S FINANCE, LLC FIXED RATE SUBORDINATED NOTES INDENTURE DATED AS OF APRIL 30, 2026 U.S. Bank Trust Company, National Association AS TRUSTEE CROSS-REFERENCE TABLE Trust Indenture Indenture Section Act Section 310(a)(1) 7.10 (a)(2) 7.10 (a)(3) N.A. (a)(4) N.A. (b) 7.8; 7.10; 11.2 (c) N.A. 311(a) 7.11 (b) 7.11 …
Read attachment ↗ex107.htm · S-1 · 2025-09-15
Exhibit 107 Calculation of Filing Fee Tables Form S-1 (Form Type) Shepherd’s Finance, LLC (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered and Carry Forward Securities(1) Security Type Security Class Title Fee Calculation or Carry Forward Rule Amount Registered Proposed Maximum Offering Price Per Unit Maximum Aggregate Offering Price(1) Fee Ra…
Read attachment ↗