Private lending, built by real estate investors, for investors.

We’re excited to officially launch Evergreen Capital.

This has been something in the works for a while. Not just another company, but a solution to a problem we’ve seen over and over again from investors we work with every day.

At its core, Evergreen Capital offers two things:

• Fixed returns for investors
• Fast, reliable financing for borrowers

Simple. Clear. Built to actually work in the real world.

Joseph and I didn’t start Evergreen Capital because we wanted to launch a fund. We started it because we needed one.

For years at Rapid Fire Home Buyers, we’ve been buying and renovating homes across Kentucky, Ohio, Alabama, and Georgia. The business works. But funding those deals was always a friction point.

On one end, we had local private lenders. Good people. Reliable when they had capital available. But they weren’t always available, and we couldn’t build a growth plan around “maybe.”

On the other end, institutional money. Big balance sheets, but slow. Layers of red tape, excessive fees, and terms that didn’t match how we actually operate.

We needed something in the middle. Fast and flexible like a local lender. Consistent and scalable like an institution.

So we built it.

Evergreen Capital Fund LLC is a 506(c) private debt fund for accredited investors. Here’s how it works:

Investors put capital into the fund. We use that capital to make short-term, asset-backed loans to experienced real estate operators, primarily fix-and-flip borrowers. Those borrowers pay us 12-13% interest plus 2 points. We pay our investors 10% annualized, distributed quarterly. The spread is how Evergreen earns its margin.

Every loan is secured by a first-position lien on a physical property. Loan-to-value ratios are conservative. Borrowers are vetted. And because we come from the operating side of real estate, we know what a good deal looks like before we lend against it.

If you invest $100,000 on January 1, here’s what the year looks like:

Investors can also elect to automatically reinvest their earned interest back into the fund instead of receiving distributions. This compounds your position over time without you having to do anything. Take the quarterly income, or let it grow. Your call.

Your return doesn’t change because the stock market had a bad week. It doesn’t move because oil prices spiked or a headline rattled futures at 6 AM. The income comes from borrower interest payments on real property, not from market sentiment.

That’s the model. Conservative LTV. Short-term loan. Real property as collateral. A borrower with skin in the game and the experience to execute. And a lender who gets paid before anyone else because they hold first position on the asset.

Every loan we originate follows this same framework. The addresses change. The math stays disciplined.

Every investment carries risk. We don’t pretend otherwise, and we lay ours out clearly in our offering documents. Here’s how we think about protecting investor capital:

Every loan is secured by a first-position mortgage on the property. If a borrower stops paying, we have the legal right to foreclose and take the property back.

We underwrite conservatively. Our target loan-to-value ratios give us a built-in cushion between what we lend and what the property is worth after renovation.

We’re not just lenders. We’re operators. Rapid Fire has a network of over 6,000 real estate investors in our wholesale buyer database and construction teams in every market we operate in. If we take a property back, we have the people and the process to sell it. Most lenders don’t.

In conversations with other local hard money lenders, delinquency rates on portfolios like ours run below 5%. We’ve built our loss mitigation strategy around being able to move fast when something goes sideways.

This fund is built for patient investors seeking 2+ years of steady quarterly income. It’s not the right fit for money you might need next month. But for capital you want working predictably, the structure is designed to protect it.

Evergreen Capital is for accredited investors who want income they can count on. People who are looking for a simpler way to generate returns. People who want a process that respects their time and their decision-making.

The team behind this fund has closed over 2,000 real estate transactions since 2019. We’ve built Rapid Fire across five markets with 43 team members. We’ve made the Inc. 5000 list two years running. Eric holds a Certified Private Lender Associate designation from the American Association of Private Lenders. This fund is backed by operators who put their own capital on the line every day. (Read the full story in Lexington KY News)

If you’ve ever felt like investing has become more stressful than it should be, you’re probably exactly who this was built for.

We don’t guarantee outcomes. Nobody can. What we offer is conservative underwriting, direct deal knowledge, and a team that has been buying distressed properties for six years.