Limonite Series of Loan LLC has announced a new offering, successfully raising $3.35 million as detailed in its recent SEC filing. This significant funding marks the company's entry into the residential loan market, indicating its ambitions in the lending sector.

Founded in 2026 and based in Las Vegas, Limonite Series of Loan LLC operates under the entity type of a Limited Liability Company. The company is incorporated in Nevada and has no reported revenues at this time. This filing, dated November 2, 2026, is classified under the SEC Act of 1933.

The filing states, "totalOfferingAmount: 3350000" and confirms that the total amount sold is also $3.35 million, with no remaining funds available. The company has accepted a minimum investment of $50,000 and has already attracted 20 investors. Notably, there are no sales commissions or finder’s fees associated with this offering.

This move may affect various stakeholders in the lending industry, particularly as Limonite Series of Loan LLC positions itself in the residential sector. The absence of accredited investors in this offering could broaden its appeal to a wider range of potential clients.

The filing does not say what happens next, but the successful completion of this offering could pave the way for future endeavors in the residential lending market.