Prospective investors are required to complete a membership application, complete a note subscription offer, set up a U-Haul Investors Club online account through which members pay for the notes, and receive and deliver in electronic format any and all documents, statements and communications related to the offering. To begin investing, a Club account must have a balance of at least $100. Members can then add or withdraw funds in any denomination through a checking or savings account that is linked to the Club account and processed through ACH (Automated Clearing House).
The offerings of fully amortized notes are comprised of:
- $2,000,000 aggregate principal amount of 7% notes secured by a first priority lien and deed to secure debt on real property and improvements thereon located in Clayton County, Georgia consisting of a 650-unit U-Haul operated rental center and self-storage facility, together with approximately 4.43 acres of adjacent bare land.
- $500,000 aggregate principal amount of 5% notes secured by a first priority lien on 1,250 designated U-Haul portable storage containers.
- $500,000 aggregate principal amount of 6% notes secured by a first priority lien on 500 designated U-Haul tow dollies.
- $254,800 aggregate principal amount of 4.5% notes secured by a first priority lien on 2,548 designated U-Haul appliance dollies.
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