About 85%
Funding portfolio company launches and investments. The operating companies are what earn the income that services your note.
About 10%
Platform working capital and technology: the funnels, systems, and teams that run inside every brand.
Private credit for the roofing economy
Fixed income, built on the platform behind roofing companies.
Smarter Consolidated launches and backs roofing companies, then collects a contractual share of the revenue its platform helps create. Investor notes fund that growth and earn a fixed rate that compounds until exit.
12%
Fixed, compounded annually
- First $500,000 subscribed 14%
- Minimum investment $25,000
- Minimum term 36 months
- Fees None
The terms, up front.
Most private offerings make you sit through three meetings before you learn the rate. Here is ours.
- Rate
- 12% per year, fixed, compounded annually
- Founding Notes
- The first $500,000 of accepted subscriptions bear 14%, as defined in the offering documents
- Minimum investment
- $25,000
- Minimum term
- 36 months
- After the minimum term
- Redeem with 180 days written notice
- At redemption
- Principal plus 100% of accrued interest
- Fees
- None. No management fee, no carried interest, no capital calls.
What $100,000 becomes over the 36 month minimum term: $140,493 at 12%. $148,154 at the 14% Founding Notes rate. Nothing to reinvest and nothing to manage. Interest compounds on its own until you exit.
Not a bet on one company.
The note is an obligation of the platform, and the platform sits across a group of operating brands and affiliates with one root: home services.
Operating companies we back, and affiliates of our founders that work inside them. The same funnels, systems, and back office run behind each one, and the purpose of this offering is to keep adding to the row above.
Where the money goes.
The offering documents put estimates on it, so this page can too.
About 5%
Offering and administrative expenses. No selling commissions and no finder's fees are paid to anyone.
Management estimates, subject to the company's discretion, as set out under Use of Proceeds in the offering documents.
Your interest is covered before equity takes a dollar.
To be precise: you are not paid monthly. Interest accrues and compounds until redemption. What the structure does in the meantime is keep equity behind your accrued interest, in this order.
First. The platform’s revenue share from every portfolio company is collected into the same entity that issues your note.
Then. No distribution to equity can be made unless the company holds cash at least equal to every dollar of accrued interest on the notes.
Last. Only what remains is available for distribution to equity holders.
Because the share is calculated on gross revenue rather than on profit, it is owed whether or not a young company turned a profit that month. Your note is an obligation of the platform, not of any single roofer. Income is drawn from every company we launch. One trade, but never one roof, one crew, or one metro.
Where you stand as an investor.
The credit facts, stated as plainly here as the offering documents state them.
- Security
- None. The notes are unsecured obligations of the issuing company: no collateral, no personal guarantees, and no guarantee from any portfolio company or affiliate.
- Ranking
- Every note ranks equally with every other note, regardless of rate or issue date.
- Structure
- Portfolio companies pay their own creditors, employees, and suppliers first. The platform’s claim, and therefore yours, sits behind theirs.
- Future debt
- No covenant caps the company’s future borrowing, and a future lender could hold collateral ahead of the notes.
- The reserve
- Before any distribution to equity holders, the company must hold cash at least equal to all accrued unpaid interest. That is a covenant tested at the time of a distribution, not a separate escrowed account.
- Redemption funding
- There is no sinking fund. Redemptions are paid 180 days after written notice, from the cash the company then holds: portfolio collections, new capital, or refinancing. A notice is irrevocable once delivered.
If this section reads like risk, that is because it is risk. The rate exists because the risk does, and the full risk factors run for pages in the offering documents. Ask for them.
Why roofing is the anchor.
Four reasons, and the fourth is the one that matters to an investor.
The biggest tickets in home services
A roof is one of the largest single line items a homeowner ever approves, which means a young company reaches meaningful revenue on a manageable number of jobs.
Demand that cannot wait
Storms, insurance claims, and failures that do not postpone themselves for a better economy.
Supply that is wide open
Thousands of small operators with no marketing engine behind them, which is the gap the platform was built for.
Jobs collect fast
Revenue turns into cash in weeks rather than quarters, so the income that funds your interest arrives on a short cycle.
Anchoring on one trade lets us standardize everything: the lead funnels, the pricing, the reporting, the launch playbook. Every new company starts on rails the platform already runs, and the adjacent brands you saw above run on the same ones.
We build companies, and we buy into companies. We do not do buyouts.
Launches start the same way every time. We recruit a proven operator, someone who has already run crews, sales teams, and budgets inside a large roofing business, and we fund the launch of their own company. From day one the platform installs branded lead funnels that book real appointments, billing and collections, accounting, and real time reporting.
The operator runs the trade. The platform runs growth, holds equity in every launch, and collects a share of gross revenue off the top.
Alongside launches, the platform takes stakes in established roofing companies and in businesses whose customers are roofers, on the same principle: the owner keeps control and keeps running the company, and the platform’s income arrives as a share of the revenue it helps create.
Straight talk.
This is a private note. Principal is at risk, and the rate is the compensation for that risk. It is illiquid by design for the first 36 months, because that is the window in which new companies are built. If you need daily liquidity or deposit insurance, this is not your instrument. If you want double digit fixed yield tied to real work you can drive past, request the details.
Three steps between you and a funded note.
Request the details
Tell us who you are. We send the offering details and answer the questions the page does not.
Have a conversation
What you are looking for, what this is and is not, and whether the term and the liquidity actually suit you.
Verify, review and fund
Accreditation is verified by a third party as part of the process, not self certified. Then you review the offering documents and fund.
Request the offering details
Tell us who you are and we will send the offering details and arrange a conversation. Nothing is shared publicly and there is no obligation on either side.
Or write to [email protected] directly.
Questions we get first
When do I get paid?
At exit. Interest compounds untouched until you redeem. After the 36 month minimum term, give 180 days written notice and receive your principal plus all accrued interest.
What stands behind the note?
The issuing entity’s income: a share of gross revenue from every portfolio company, plus a share of owner distributions, collected ahead of any distribution to equity. Revenue share is owed on the top line, whether or not a company was profitable that month. The specific rates are set out in the offering documents.
Is the note secured?
No. It is an unsecured obligation of the issuing company, ranking equally with all other notes, with no collateral and no guarantees. The section above and the offering documents state the full picture, and we would rather you read it here than discover it in diligence.
What if a company fails?
Your note is an obligation of the platform funding entity, not of any single operating company. Debt service draws on contractual revenue participation across the portfolio, which reduces dependence on any one operator. No single company’s outcome defines yours.
Is this a fund?
You hold a fixed rate note issued by our funding entity. There are no management fees, no carried interest, and no capital calls. The full terms live in the offering documents.
Who can invest?
Accredited investors only, and accreditation is verified as part of the process.