Accepting $10,000 - $500,000 investments
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Accepting $10,000 - $500,000 investments
Invest in a secured portfolio of 1,000+ consumer leases backed by a range of consumer products such as home appliances, lawn and garden equipment, furniture, jewelry, among others.
Key Takeaways:
Attractive weekly income: The portfolio of leases is expected to pay weekly income at a target annualized net yield above traditional fixed income.
Leases purchased at a discount: Leases are expected to be purchased at a 33% discount to help enhance principal protection.
Buy-back and replacement provision: The Originator is obligated to purchase or replace all leases that default or repay early.
Conservative loss assumptions: In the unlikely scenario the Originator does not fulfill their obligation mentioned above, the portfolio is structured to withstand up to approximately 1.4x historical losses without impacting the target yield and up to 2.1x historical losses before losing any principal.
Collateral backed leases: The leases are backed by the purchased assets, which could be repossessed and sold in the event of default.
Amortizing leases: The term of the portfolio may be shorter than anticipated given principal prepayments made by consumers. In fact, based on historical performance and projected payments, investors can expect to receive their invested principal in approximately 20 months.
Investing details
What am I investing in?
Investment Strategy
What is the value proposition?
Behind the investment
Who is the originator?
Market Backdrop
The importance of and reliance on specialty finance firms
Please refer the Series Note Supplement for more details regarding the offering.
Capital Structure
Where does Yieldstreet lie in terms of priority?
Cash Flow
How do I get paid?
Investors are expected to receive weekly distributions during the amortization period, which is expected to start in June or July 2023
The portfolio has a maximum term of 52 months; however, a target term of 35 months is expected after accounting for early repayments and cash flow sweeps. There is no guarantee that the target term will be achieved.
Accessibilty
Who is eligible to invest?
Exclusive tiered pricing available
Annual management fee
1.75%
Target annual net yield
9%
Interest payment schedule
Weekly
Target term
35 months
Stated maturity
52 months
Weighted average life
20 months
Tax document
1099
Offering structure
BPDN
Annual flat expense
0.25%
This offering page describes only certain aspects of the offering ("Offering") of the securities issued by YS ALTNOTES II LLC ("Issuer"). The Offering is made only by means of the Private Placement Memorandum dated January 14, 2022 and the Series Note Supplement relating to the Offering (collectively, the "Offering Documents"). The information on this offering page is a summary of the Offering, does not purport to be complete and should not be considered a part of the Offering Documents, or as incorporated in the Offering Documents by reference or as forming the basis of the Offering. No person has been authorized to give any information or to make any representations other than those contained in the Offering Documents or in any marketing or sales literature issued by the Issuer or Yieldstreet Management, LLC, as adviser thereto, and referred to in the Offering Documents, and, if given or made, such information or representations must not be relied upon. All investors must read the Offering Documents in their entirety prior to investing in the securities.
Investing in private markets and alternatives, such as this offering, is speculative and involves a risk of loss, and those investors who cannot afford to lose their entire investment should not invest. Returns are not guaranteed.