Supervest vs Yieldstreet (Willow Wealth) 2026
Supervest means supervest.com's fixed-rate notes of Supervest Investments, LLC series. Yieldstreet, renamed Willow Wealth, means its Short Term Notes program at willowwealth.com.
Two note programs pitched at accredited investors who want income: one lends into merchant cash advances for a year or more, the other funds its own platform's deals for a few months at a time.
Guide Thesis
Compare the specific note programs: what secures them, who takes the first loss, and how long your money is committed.
TL;DR
The comparison in two sentences
Supervest's notes pay a publicly stated 10% to 15% for 12 to 36 months from merchant cash advances, at $25,000 a note, with security and first-loss terms not public. Willow's Short Term Notes run 3 to 9 months with monthly interest from $10,000 ($5,000 on a first investment), are secured by the issuing entity's assets with Willow generally buying the first 5% of each standard series, and show their target yields only after sign-up.
If you read nothing else: jump to security and first-loss capital →
Start here
What you hold on each
| Product | What you hold | Minimum | Term and interest | Who can buy |
|---|---|---|---|---|
| Supervest notes | A fixed-rate promissory note of a Supervest Investments, LLC series holding MCA participations | $25,000 per note | 12 to 36 months; monthly, quarterly or at maturity by series | Accredited (Rule 506(c)) |
| Willow Short Term Notes | A note of the program's issuing entity, secured by all of its assets | $10,000; $5,000 on a first Willow investment | Target 3, 6 or 9 months; monthly interest | Accredited |
At a glance
Side-by-side at a glance
| Feature | Supervest notes | Willow Short Term Notes |
|---|---|---|
| Sponsor | Supervest, Inc., New York; not a broker-dealer | Willow Wealth Inc. (formerly Yieldstreet), New York; SEC-registered adviser and affiliated broker-dealer |
| What the money funds | Merchant cash advance participations | Pre-funding Willow offerings; third-party CMBS and CLOs under the expanded mandate |
| Stated rates | 10% to 15% | Shown after sign-up |
| Security | Not publicly disclosed | All assets of the issuing entity |
| First-loss capital | None disclosed | Willow generally buys 5% of each standard series |
| Minimum | $25,000 per note | $10,000 ($5,000 first investment) |
| Term | 12 to 36 months | Target 3, 6 or 9 months |
| Interest | Monthly, quarterly or at maturity by series | Monthly |
| Repayment record | 'Never missed' a payment (unaudited) | 100% of matured notes on target, $1.5B matured (unaudited) |
| Tax form | 1099-INT | 1099 |
Head-to-head
Supervest vs Willow Wealth, factor by factor
Five factors for the two note programs. Willow's other products (its funds and individual offerings) are outside this comparison.
Five MCA-backed notes of 12 to 36 months vs a rolling program of 3, 6 and 9 month notes
Supervest vs Willow Wealth: The Two Note Programs
Supervest's notes are issued by series of Supervest Investments, LLC: 10% for 12 months paid monthly (Series B), 12% for 18 months paid monthly (Series C), 12% for 24 months paid quarterly (Series A), 14% for 24 months paid at maturity (Series E) and 15% for 36 months paid quarterly (Series D). Their proceeds buy participations in merchant cash advances that Supervest selects; Supervest works with more than 20 funders, and allocation within each series was not available in the materials reviewed. Willow Wealth (the former Yieldstreet) calls its Short Term Notes 'our liquidity management solution': target terms of 3, 6 and 9 months with monthly interest. Willow says it 'primarily uses capital raised through the STN program to pre-fund investment opportunities before they are syndicated to investors on the platform', and that notes launched after July 15, 2025 may also fund 'investments originated by third parties', expected to be mainly CMBS and CLOs, once the necessary consents are in place.
Practical answer
Supervest is a dedicated merchant cash advance lender with longer notes; Willow's program is a short-term funding line for its own platform, moving toward third-party securitized credit.
| Decision factor | What changes |
|---|---|
| Terms | Supervest: 12, 18, 24 or 36 months. Willow: target 3, 6 or 9 months. |
| Use of proceeds | Supervest: MCA participations. Willow: pre-funding its own offerings; third-party CMBS and CLOs under the expanded mandate. |
| Rates | Supervest: 10% to 15%, stated publicly. Willow: shown only after sign-up. |
Undisclosed vs secured by the issuer's assets with a 5% first-loss purchase
Supervest vs Willow Wealth: Security and First-Loss Capital
Willow's help center is specific: Short Term Notes 'are secured by all of the assets of the issuing entity, including all of the investments purchased pursuant to the program', and 'for our standard 3, 6, and 9 month notes, Willow Wealth generally purchases 5% of the aggregate notes issued in the series in a first-loss position, providing a buffer to all other investors in the event of any realized loss.' Supervest's public materials say the notes are 'paid by the underlying investments of merchant cash advances' and that the portfolio has 'substantial equity surplus', but whether its notes are secured, how they rank and how losses are allocated are set out in confidential offering documents, so AltStreet treats them as not publicly disclosed. These are disclosure differences, not proof that either note is safer: a 5% first-loss tranche absorbs only the first 5% of realized losses in a series, and security over a pool is only as good as the pool.
Practical answer
Willow tells you what secures the note and how much it puts in first; Supervest does not say publicly.
| Decision factor | What changes |
|---|---|
| Security | Supervest: not publicly disclosed. Willow: all assets of the issuing entity, including the program's investments. |
| First-loss capital | Supervest: none disclosed. Willow: generally 5% of each standard series, bought by Willow. |
| Where it is stated | Supervest: confidential PPM. Willow: help-center articles and the PPM and series supplement. |
$25,000 for 12 to 36 months vs $10,000 ($5,000 first) for 3 to 9 months
Supervest vs Willow Wealth: Interest Payments, Minimums and Maturities
Willow's Short Term Notes 'seek to make monthly interest payments throughout the note's duration' with principal 'expected to be repaid at the note's maturity'. The minimum is $10,000, or $5,000 for a first Willow investment, they are IRA-eligible and report on Form 1099. Since April 2026 maturing principal can be rolled into a new note, but only the exact principal, into a single note, at least three days before maturity. Supervest's minimum is $25,000 per note (up to $5,000,000); two notes pay monthly, two quarterly and one at maturity, and interest on the monthly notes can be reinvested. Supervest also reports on Form 1099-INT and allows IRA investors.
Practical answer
Willow suits cash you want back within a year in monthly-paying steps; Supervest asks for more money for longer and pays a higher stated rate.
| Decision factor | What changes |
|---|---|
| Minimum | Supervest: $25,000 per note. Willow: $10,000, $5,000 on a first investment. |
| Interest | Supervest: monthly (Series B, C), quarterly (A, D) or at maturity (E). Willow: targeted monthly. |
| Rollover | Supervest: optional at maturity. Willow: exact principal into one new note, three days before maturity. |
Worked example
$25,000 over one year: commitment, not yield
Willow does not publish its Short Term Note yields without sign-in, so this example compares how long money is committed and when it comes back, not income. Supervest: the 12-month 10% Series B note. Willow: a 3-month note rolled three times, which its rollover rules allow only for the exact principal into one new note. Assumes every note repays on its target date, which neither platform guarantees.
| Measure | Supervest Series B (12 months) | Willow, four 3-month notes |
|---|---|---|
| Interest | 10% a year, $208.33 a month (stated) | Target rate shown after sign-up, paid monthly |
| First chance to take principal back | Month 12 | Month 3, then every 3 months |
| Rate reset | None for 12 months | At each rollover, to the then-current target |
| First-loss buffer disclosed | None | Willow generally holds the first 5% of each standard series |
The shorter Willow terms give more frequent decision points; Supervest locks a stated rate for longer. On both, the stated term can run past its target at the manager's discretion.
The same footnote on both sites
Supervest vs Willow Wealth: Can Repayment Be Extended?
Supervest's note pages and Willow's site footnotes use the same wording: a 'Term' is the estimated term of the investment, 'generally at the discretion of the manager, and may exceed the estimated term by a significant amount of time.' Supervest's FAQ adds that 'funds invested into our note offerings are inaccessible until the maturity date of the note.' Willow's site says its notes are 'not FDIC insured' and carry 'different risk and liquidity profiles than money market funds and U.S. Treasury Bills'. Neither platform's public pages give the contractual extension mechanics or a count of notes that ran past their target dates; those are in each program's offering documents, which AltStreet did not review. Neither has a secondary market.
Practical answer
Treat both target terms as targets. The shorter Willow terms limit how long money is committed at the outset, not whether repayment can run late.
| Decision factor | What changes |
|---|---|
| Extension language | Both: term 'may exceed the estimated term by a significant amount of time' at the manager's discretion. |
| Early exit | Supervest: none. Willow: none for Short Term Notes. |
Self-reported payment records on both, and a 2023 SEC order at Yieldstreet
Supervest vs Willow Wealth: Track Record and Regulatory History
Willow's Short Term Notes page reports, from inception in 2019 through June 30, 2026, $1.7 billion invested, $1.5 billion of matured principal and 100% of matured notes that 'performed on target', all 'based on unaudited internal calculations'. The two Short Term Note issuers AltStreet's Willow review tracks on EDGAR, ALTNOTES I and ALTNOTES II, reported $759.6 million from 12,503 investors and $167.2 million from 3,483 investors on Form Ds whose last amendments date from 2022; the platform-wide figure includes later issuance and rollovers. Supervest says it has 'never missed, delayed, or fallen short on any principal or interest payment', unaudited, and last published delinquency data for March 31, 2024. On the regulatory side, Yieldstreet settled an SEC action in September 2023 with a $1.9 million penalty over disclosures in a marine finance offering, neither admitting nor denying; AltStreet's Willow review also covers realized losses on certain real estate and marine deals, which sat in the deal offerings rather than the Short Term Notes. Supervest's record shows late Form D notices and a pending merchant suit against the parent and its adviser, with no regulator action located.
Practical answer
Both report perfect note repayment from their own unaudited figures. Willow's comes with a larger, longer program and a 2023 SEC order on a different product; Supervest's with dated reporting and late Form Ds.
| Decision factor | What changes |
|---|---|
| Repayment record | Supervest: 'never missed' (unaudited). Willow: 100% of matured notes on target, $1.5B matured (unaudited). |
| Program size | Supervest: $58.1M of notes sold per Form D. Willow: $1.7B invested since 2019 (platform-stated). |
| Regulatory | Supervest: late Form Ds; pending merchant suit. Willow (as Yieldstreet): 2023 SEC order, $1.9M penalty, marine finance disclosures. |
Final read
Bottom line
Willow's Short Term Notes publish more of the terms that matter for a note: what secures it, how much the sponsor puts in first, and a shorter target term with monthly interest. Supervest publishes its rates, which Willow shows only after sign-up, but not its security, ranking or first-loss terms. Neither has an audited note-level record or a secondary market, and both reserve the right to run past the target term.
Choose Willow for shorter, more frequent maturities with disclosed credit support; choose Supervest only if merchant cash advance exposure at a publicly stated fixed rate is the point, and read its confidential documents before investing.
Primary sources
Sources and access
Supervest
- ›Supervest note pages and FAQ: Coupons, terms, the extension footnote and the payment-record claim, read October 22, 2026.
- ›Supervest Investments, LLC Series D (CIK 2057882): One of eight note-series Form Ds totaling $58.1M sold.
- ›AltStreet Supervest review: Dashboard offering pages, Form D census and legal scan.
Willow Wealth
- ›Short Term Notes page: Terms, minimums, IRA eligibility and the program record through June 30, 2026 (unaudited).
- ›What are Short Term Notes secured by?: Security over the issuing entity's assets and the 5% first-loss purchase.
- ›Expanded Short Term Notes mandate: Third-party CMBS and CLOs for notes launched after July 15, 2025.
- ›AltStreet Willow Wealth review: ALTNOTES Form Ds and the 2023 SEC order.
FAQs
Supervest vs Willow Wealth: Common questions
How do Supervest notes compare with Willow Wealth Short Term Notes?＋
Both are fixed-target notes for accredited investors with no secondary market. Supervest's run 12 to 36 months at stated 10% to 15% and fund merchant cash advances; Willow's run 3 to 9 months, pre-fund Willow's own offerings and, under an expanded mandate, may buy third-party securitized credit. Willow publishes its security and first-loss terms; Supervest's are in confidential documents.
What assets secure each note, if any?＋
Willow says its Short Term Notes are 'secured by all of the assets of the issuing entity, including all of the investments purchased pursuant to the program.' Supervest's public materials do not say whether its notes are secured or how they rank; those terms are in offering documents AltStreet did not use.
Which products pay monthly interest?＋
Willow's Short Term Notes target monthly interest with principal at maturity. Supervest's 10% Series B and 12% 18-month Series C notes pay monthly, its 12% Series A and 15% Series D quarterly, and its 14% Series E once at maturity.
How do minimum investments and maturities differ?＋
Willow: $10,000, or $5,000 on a first Willow investment, for target terms of 3, 6 or 9 months. Supervest: $25,000 per note (up to $5,000,000) for 12 to 36 months.
Can either issuer extend repayment?＋
Both sites carry the same footnote: a 'Term' is an estimate, 'generally at the discretion of the manager, and may exceed the estimated term by a significant amount of time.' Neither public page describes how often that has happened; the governing note documents were not reviewed.
How much first-loss capital supports investors?＋
Willow says that for its standard 3, 6 and 9 month notes it 'generally purchases 5% of the aggregate notes issued in the series in a first-loss position.' Supervest discloses no first-loss or equity cushion figure for its note series.
Are either open to non-accredited investors?＋
No. Willow's Short Term Notes are now accredited-only, and every Supervest offering is Rule 506(c), accredited-only.
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