Supervest Review 2026: 10% to 15% Merchant Cash Advance Notes, $58M Sold, No Audited Statements
Supervest sells accredited investors fixed-rate promissory notes, 10% to 15% for one to three years with a $25,000 minimum and no investor fees, whose proceeds buy participations in merchant cash advances from about 20 funders. Its Form Ds report $58.1 million of notes sold and $56.6 million in a separate self-directed product, whose Form D reports an estimated $8.6 million management-fee allocation to the issuer. No note issuer has public audited statements, several series filed their first Form D more than a year after their first sale, and a merchant's civil RICO suit naming the parent and its adviser is dismissed on pleading grounds with a motion to reopen pending.
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What the data actually shows - TL;DR
Supervest, a New York company founded in 2018, raises money from accredited investors and lends it, through participations, into merchant cash advances: lump sums that about 20 partner funders advance to small businesses against a share of their future sales. Its main product is a set of fixed-rate promissory notes issued by series of Supervest Investments, LLC. The investor dashboard lists five: 10% for 12 months paid monthly (Series B), 12% for 24 months paid quarterly (Series A), 12% for 18 months paid monthly (Series C, first sold October 2026 and not listed in the public site's investments directory), 14% for 24 months paid at maturity (Series E) and 15% for 36 months paid quarterly (Series D), all with a $25,000 minimum, no investor fees and 1099-INT reporting.
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The investor's return is the fixed coupon, so Supervest's income is the spread between what the advances earn and what it pays, and that spread is not disclosed. A second product, Supervest MCA LLC, lets investors with $1 million choose advances themselves; its Form D lists $8,641,437 of gross proceeds as 'a management fee payable to the Issuer', about 15% of the $56.6 million it reports sold. Form Ds for the ten Supervest issuers report $117.8 million across 882 investor participations, far below the homepage's '$2B' of merchant deals, a figure that appears to count whole advances Supervest participated in.
Supervest's own record is good on its face: a May 2024 update reported every coupon paid, a 30-day delinquency rate of 2.08% and 3.91% on the two original notes, and the FAQ says it has never missed a payment. None of it is audited: no note issuer has public financial statements, and the adviser's 2023 Form ADV answered no to an annual audit. The compliance record has gaps: Series B, D and E and the three Supervest Financing series filed their first Form D 15 to 29 months after their first sale, and the site still calls its adviser an exempt reporting adviser although that status was withdrawn in April 2024. A merchant's civil RICO suit naming Supervest, Inc. and SV Capital Management was dismissed on pleading grounds in July 2026; a motion to reopen was filed October 19, 2026.
Notes sold to 515 investor participations across Supervest Investments, LLC Series A to E and Supervest Financing, LLC's three series, per their latest Form Ds (2025 and 2026). Series D, the 15% three-year note, accounts for $25.8 million from 208.
Proceeds the self-directed vehicle's Form D lists as 'a management fee payable to the Issuer' (estimate, July 17, 2026), about 15% of $56.6 million sold. The figure rose $2.5 million from the October 2025 filing while reported sales rose $681,000.
No note issuer has public financial statements. SV Capital Management's 2023 Form ADV answered no to an annual audit of Supervest Investments, LLC; the parent's last public statements (2021) were unaudited.
Running 30-day delinquency rates Supervest published for Mid-Term Note I and Short-Term Note I at March 31, 2024, when the two notes held $7.7 million and $1.3 million. Platform-stated, unaudited, and two and a half years old; nothing comparable has been published for the larger 2024 to 2026 series.
How long after their first sale Series B, D and E and the three Supervest Financing series filed their first Form D, against the 15 days Rule 503 asks for. A late notice does not by itself cost the exemption; it is a compliance-record item.
MT Products v. Alternative Capital Group (M.D. Fla.
8:25-cv-02510), a merchant's civil RICO suit naming Supervest, Inc. and SV Capital Management: dismissed under Rule 8 on July 28, 2026; motion to reopen filed October 19, 2026. Allegations contested; no ruling on the merits.
Sales and investor counts from the latest Form D or D/A of each issuer (October 2025 to October 2026). Note terms, volume claims and the payment record are platform-stated, read October 22, 2026. Delinquency rates and note AUM from Supervest's May 7, 2024 blog update.
Quick Verdict
Is this platform right for you?
Supervest offers accredited investors simple-looking fixed income: 10% to 15% notes with no fees, backed by participations in merchant cash advances, and by its own account it has never missed a payment. What supports the coupon is not public: the spread Supervest keeps, any capital behind the notes, collateral and ranking are undisclosed, no financial statements are published, portfolio data stops at March 2024, several Form Ds were filed more than a year late, and the manager can extend a note's term.
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The self-directed product's Form D reports an estimated management-fee allocation equal to about 15% of the money raised. Until the offering documents answer how the notes are secured and what stands ahead of them, evaluate the coupon as credit exposure to a Supervest series, not as a share of a diversified loan book.
Best for
- Accredited investors who want fixed coupons, can lock up $25,000 for longer than the stated term, and accept sponsor risk without audited statements.
Avoid if
- You need audited reporting.
- You may need the money on the stated maturity date.
- You want to see the spread you are giving up.
Top strengths
- Fixed 10% to 15% coupons with no investor fees and a clean payment record by Supervest's account.
- Short underlying advances diversified across about 20 funders, with a 5% single-business cap on the self-directed product.
- A published Q1 2024 update with delinquency rates, more than many note sponsors publish.
- No sales commissions on any filing.
Key limitations
- No audited statements for any note issuer; spread, credit support and ranking undisclosed.
- An estimated $8.6 million management-fee allocation reported in the self-directed product's Form D, with no fee schedule published.
- Six series filed their first Form D 15 to 29 months after their first sale; the site still claims a withdrawn adviser status.
- Note terms extendable at the manager's discretion; no liquidity.
- A pending, untested civil RICO suit by a merchant naming the parent and adviser.
Compare Before Deciding
Where Supervest fits against alternatives
Use these hooks to pressure-test whether this is the right platform, or whether a nearby alternative matches the job better.
How this compares to Percent Review
Percent Review
A registered broker-dealer's private credit marketplace, including merchant cash advance deals, with deal-level performance data.
How this compares to Worthy Review
Worthy Review
Fixed-rate Regulation A bonds from single-purpose lending issuers, with audited annual reports.
How this compares to Sharestates Review
Sharestates Review
Another fixed-rate note sponsor whose notes rest on the sponsor's own credit.
Quick Answers
What most investors want to know first
The highest-signal facts first: minimums, liquidity reality, K-1 timing, and whether distributions are actually part of the experience.
Liquidity
None.
K-1 Timing
No K-1; notes report on Form 1099-INT.
Distributions
Fixed schedule; first interest after funds clear and are fully invested in a note.
Overview
Platform Overview
A concise read on what the platform is, how the structure works, and where the practical friction shows up for real investors.
Supervest, Inc. is the parent of a set of issuers that raise money from accredited investors and put it into merchant cash advances (MCAs). An MCA is a purchase of a share of a small business's future card and bank receipts at a discount: the funder advances, say, $75,000 and collects a larger 'right to receive' amount through daily or weekly debits over a few months. Supervest does not originate advances itself.
It admits funders onto its platform after a review and buys participations in their advances. For the notes, a series of Supervest Investments, LLC (or of Supervest Financing, LLC) sells fixed-rate promissory notes to investors, pools the money and buys participations chosen by Supervest's team using what the site calls 'a proprietary credit box'; investors are paid the fixed coupon whatever the portfolio earns, and the notes rely on Rule 506(c) and the Investment Company Act's section 3(c)(4) exclusion. For the self-directed product, investors with at least $1 million fund Supervest MCA LLC and set criteria (merchant FICO, term, funder), with no more than 5% in any one business, and receive the advances' collections less fees.
Supervest is not a broker-dealer and pays no sales commissions; its affiliate SV Capital Management, LLC was an exempt reporting adviser until April 2024. The company is run by CEO Jeremy Morton, CTO Kristopher Kehler and CIO John Donahue from 40 Wall Street, New York.
It began with the self-directed MCA vehicle, Supervest MCA LLC, whose first Form D (December 2019, signed by then-COO Christopher Queen from Schaumburg, Illinois) opened participations in funders' advances to accredited investors. In October 2021 it launched its first note, and since 2023 it has added a series for each new note: Series B to E of Supervest Investments, LLC and three series of Supervest Financing, LLC named Gross Contribution, Net Contribution and Portfolio Value. The public site's investments directory lists four notes; the logged-in dashboard lists five, adding a 12% 18-month Series C note, plus the self-directed product.
The site says more than 20 funders are on the platform, and verifies accreditation through InvestReady. Investors can hold notes through IRAs, 401(k)s, trusts and entities. The team page names CEO Jeremy Morton, CTO Kristopher Kehler, CIO John Donahue and Jennifer Cross; the company lists 40 Wall Street, New York, and a Florida phone number.
Entities
Supervest, Inc. (Delaware, CIK 1791609; parent and promoter); Supervest Investments, LLC Series A to E (notes); Supervest Financing, LLC, three series (notes); Supervest MCA LLC (self-directed participations); SV Capital Management, LLC (adviser, CRD 324286; exempt-reporting status withdrawn April 4, 2024).
Notes
10% 12-month (monthly, Series B), 12% 18-month (monthly, Series C, not in the public investments directory), 12% 24-month (quarterly, Series A), 14% 24-month (single payment at maturity, Series E), 15% 36-month (quarterly, Series D); $25,000 to $5,000,000 per investor; no investor fees; 1099-INT.
Self-directed
$1,000,000 minimum; investor-set criteria; at most 5% in one business; Form D reports an estimated $8.6 million management-fee allocation to the issuer.
Filed volume
$117.8 million across 882 investor participations in ten issuers' Form Ds: $58.1 million notes, $56.6 million self-directed, $3.1 million parent equity.
Reporting
Form D notices only; no audited statements; one portfolio update published (Q1 2024).
Liquidity
None before maturity; the manager may extend a note's term; roll-over at maturity is optional.
Investor Operations
The practical questions investors actually care about: when tax documents arrive, how cash distributions work, and whether capital can be exited before the underlying asset is sold.
Tax Documents
K-1 Timing
What to expect
No K-1; notes report on Form 1099-INT.
Cash Flow
Distributions
Frequency
Monthly, quarterly or at maturity by note.
Timing
Fixed schedule; first interest after funds clear and are fully invested in a note.
Consistency
Every payment made on time, per Supervest (unaudited).
Liquidity
Exit Reality
Holding period
12 to 36 months by note, extendable at the manager's discretion.
Exit options
- Repayment at maturity.
- Roll into a new note.
Secondary market
None.
Investment Structures
SV Short-Term Note I (Series B)
10% fixed, 12-month estimated term, monthly interest that can be reinvested, $25,000 to $5,000,000; the public page says '$1.5M+ invested' while Series B's Form D reports $7,360,100 sold.
SV 12% Mid-Term Note I (Series A)
12% fixed, 24-month estimated term, quarterly interest; the public page says '$8.5M+ invested' while Series A's Form D reports $12,998,850 sold. Sold since October 2021; current documents dated September 1, 2026.
SV 14% Mid-Term Note E and SV 15% Mid-Term Note D
14% for 24 months with interest paid at maturity ('the equivalent of a 28% return', simple interest), and 15% for 36 months paid quarterly. Series E and D of Supervest Investments, LLC report $2.1 million and $25.8 million sold.
SVI Series C 12% Note
12% fixed, 18-month term, monthly interest that can be reinvested into principal, $25,000 minimum; listed on the investor dashboard but not in the public site's investments directory. Its Form D reports $185,000 from 3 investors, first sale October 1, 2026.
Self-Directed MCA
Participations in individual advances ('Small Business Financings') through Supervest MCA LLC, chosen by investor-set criteria; $1 million minimum; returns depend on the advances, net of the management fee. The dashboard page gives no fee or return terms ('Contact us for more details'); current PPM dated January 15, 2026, participation agreement January 22, 2024.
Risk
Risk Structure
This is where the marketplace pitch gives way to the actual operating reality: delayed exits, limited disclosure, fee drag, and path-dependent outcomes.
Asset
Participations in merchant cash advances from about 20 funders: short, high-yield purchases of future receipts from small businesses; any lien or guarantee terms were not reviewed.
Investor claim
A fixed-rate note of a series LLC; credit support, collateral and ranking are not publicly disclosed.
Reporting
No audited statements; Form D only; one portfolio update (Q1 2024), platform-stated.
Compliance record
First Form Ds filed 15 to 29 months after first sale for six series; site still claims an adviser status withdrawn in 2024.
Liquidity
None before maturity; term extendable at the manager's discretion.
Issuer and sponsor credit risk
Noteholders are paid fixed coupons from a pool of advances, and no public financial statement shows the series' assets, the spread or any capital behind the notes.
Why it matters
If defaults exceed what the portfolio earns above the coupon, payment depends on credit support the public materials do not describe; the parent's only public statements, for 2021, cannot show its current capacity.
Mitigation / verification
Ask for audited or reviewed statements of the series and of Supervest, Inc., and for the capital ranking ahead of the notes.
Merchant cash advance losses
MCAs fund small businesses that often cannot borrow from banks, with collection through daily or weekly debits against future receipts.
Why it matters
Losses rise quickly in a downturn; the published delinquency rates (2.08% and 3.91%) date from March 2024 and cover only the two original notes.
Mitigation / verification
Request current delinquency, default and recovery data for the series you would buy.
Extension and lockup
Principal is inaccessible until maturity, and the manager may extend the term 'by a significant amount of time'.
Why it matters
A 12-month note is not a 12-month commitment if the manager uses that discretion.
Mitigation / verification
Read the extension clause in the note documents before investing.
Related parties and litigation
A 2022 filing disclosed escrow with an insider-owned company without an agreement; a pending suit alleges shared staff with a servicer.
Why it matters
Related-party links between the capital provider, funders and servicers can move value away from investors without independent checks.
Mitigation / verification
Ask which funders and servicers are related to Supervest's owners, and how investor cash is held today.
Regulatory & Legal Posture
Security Status
Promissory notes and participation interests offered to accredited investors under Rule 506(c), with Form D notices for each issuer; the note series also rely on section 3(c)(4) of the Investment Company Act.
Rule 506(c) permits general solicitation if every purchaser is a verified accredited investor, which Supervest does through InvestReady. A Form D is a notice, not an SEC review. Section 3(c)(4) excludes from the Investment Company Act an issuer substantially all of whose business is confined to making small loans, industrial banking or similar businesses, which is how the note series treat their MCA participations. Supervest says it 'is not registered as a broker-dealer', and no filing reports sales commissions.
- Supervest MCA LLC Form D/A, July 17, 2026: $56,629,790 sold to 344 investors; $8,641,437 of proceeds 'Represents a management fee payable to the Issuer' (estimate).
- Supervest Investments, LLC Series A to E and Supervest Financing, LLC series Form Ds (2025 to 2026): $58,084,612 of notes sold to 515 participations; six series first filed 15 to 29 months after their first sale.
- SV Capital Management, LLC (CRD 324286): exempt-reporting status withdrawn effective April 4, 2024; the 2023 Form ADV reported no annual audit of Supervest Investments, LLC.
- Legal scan, October 22, 2026: no SEC, FINRA or state action located; one civil suit, MT Products v. Alternative Capital Group (M.D. Fla. 8:25-cv-02510), dismissed under Rule 8 on July 28, 2026, with a motion to reopen filed October 19, 2026.
Disclosure Quality
Below average for a credit product. Coupons and terms are clear; the spread, portfolio performance after Q1 2024, financial statements and note security terms are not public.
Custody Model
Investor cash is held in accounts on the Supervest platform; balances funding advances or notes are locked until repayment or maturity. The 2023 Form ADV names Old National Bancorp as custodian of the fund's assets.
Regulatory Backing
No broker-dealer or registered adviser; Form D notices only.
Tax Treatment
Reporting
1099-INT for the notes
Annual; the self-directed product's tax form is not stated in the materials reviewed.
Income Character
Interest income
Note coupons are interest, generally taxed as ordinary income in the year paid or credited, including reinvested interest. Tax treatment depends on the investor's circumstances; consult a tax adviser.
Limitation
AltStreet is not a tax adviser; treatment of losses on a defaulted note depends on the facts.
Special Considerations
- Interest at 10% to 15% is taxed at ordinary rates in a taxable account, which is why many investors hold such notes in IRAs.
- The 14% note pays at maturity; ask whether interest accrues for tax purposes before it is paid.
Account Suitability
Taxable
Yes.
Roth IRA
Yes (platform-stated).
Traditional IRA
Yes (platform-stated).
HSA
Not addressed.
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AltStreet Data Layer
What the data actually shows
The filings show how much Supervest has raised and when it reported it; the site supplies the only performance data.
$117.8 million across ten issuers
$58.1 million of notes (515 participations), $56.6 million self-directed (344) and $3.1 million parent equity (23), per the latest Form Ds.
What this means
Far below the homepage's '$2B', which appears to count whole advances, not Supervest money.
Management-fee allocation equal to about 15% of self-directed sales
$8,641,437 of $56,629,790 per the July 2026 Form D/A, up from $6,157,766 in October 2025.
What this means
A Form D use-of-proceeds estimate, not an established fee rate; the site publishes no fee schedule for this product.
Form Ds filed late
Six series filed their first Form D 15 to 29 months after their first sale; Supervest MCA LLC did not amend for nearly six years.
What this means
The public record lagged sales; check filings rather than relying on them being current.
Current offering documents dated 2026
Current PPM, supplement, note form and subscription document dated August 31 to September 1, 2026 for Series A, B, D and E, first sold October 2021 to July 2024; Series C's dated September 21, 2026, before its October 1 first sale; the self-directed PPM is dated January 15, 2026 for a product sold since December 2019.
What this means
Earlier versions are not shown on the dashboard; ask which version governs a given note.
Performance data stops at March 2024
2.08% and 3.91% running delinquency on the two original notes, which then held $9.0 million; the eight note series now report $58.1 million sold.
What this means
Ask for current data on the series you would buy.
Data as of 2026-10-22 . AltStreet review evidence layer . Public-source analysis
Full datasetDecision Fit
Investor Fit
Who this works for, who it does not, and what level of patience and complexity tolerance the platform really demands.
Accredited investors seeking fixed income who can lock up $25,000 or more
The coupons are high and have been paid by Supervest's account, but the issuer's financial statements are not public, the credit support behind the notes is not disclosed and the term can be extended.
Investors who need audited reporting
No note issuer has public audited statements, and the adviser reported no annual audit in 2023.
Investors who may need the money before maturity
No early redemption, no secondary market, and the manager may extend the term.
Accredited investors with $1 million who want to pick advances
The self-directed product gives control over criteria, but its fee is not published and its Form D reports an estimated management-fee allocation equal to about 15% of the amount sold.
Tradeoffs
Key Tradeoffs
The attraction of pre-IPO access is real, but every benefit comes bundled with a corresponding liquidity, transparency, or pricing cost.
Return
Supervest keeps the undisclosed spread; returns are capped at the coupon.
Risk
Small-business credit; collateral, credit support and ranking not publicly disclosed.
Liquidity
No early exit; extendable at the manager's discretion.
Disclosure
No audited statements; late Form Ds; stale adviser statement.
Avoid
Who This Is Not For
This section should be read as a filter, not an afterthought. If you need income, simplicity, or near-term access to capital, the structure is working against you.
Non-accredited investors
Every offering is Rule 506(c), verified accredited only.
Anyone who needs the money on a fixed date
The manager may extend a note's term, and there is no secondary market.
Investors who need audited financials before lending
None are public for any note issuer.
Editorial View
AltStreet Perspective
The compressed version of the review: what matters, what marketing tends to obscure, and how we would frame the platform for a serious allocator.
Verdict
Supervest has built a sizeable book, $117.8 million across its filings, by packaging merchant cash advances into fixed coupons that are easy to understand. The coupons have been paid, by its own account. But a fixed coupon on high-loss small-business credit is only as good as the credit support behind it, and Supervest's public materials show none of it: no audited statements, no financial statements at all since 2021, no portfolio data since March 2024, and compliance filings that ran more than a year behind sales. An accredited investor should treat security, ranking and credit support as unknown until the offering documents answer them, and should not read the notes as a diversified loan fund.
Positioning
Against Percent, which is a registered broker-dealer publishing deal-level performance for its private credit notes, including merchant cash advance deals, Supervest offers higher fixed coupons with far less disclosure. Against Worthy's Regulation A bonds, Supervest is accredited-only and unaudited where Worthy files audited annual reports.
The Bottom Line
Fixed 10% to 15% notes backed by merchant cash advances, with no investor fees, no audited statements, a manager-extendable term and Form Ds filed late, and credit support that is not publicly disclosed.
Action
Next Steps
If you still want to engage after reading the review, these are the practical next moves that reduce avoidable mistakes.
Ask Supervest for the note's offering documents and read the security, ranking and extension clauses.
Request current delinquency, default and recovery data for the series you would buy, not only the original notes.
Ask for financial statements of the series and of Supervest, Inc., and whether any are audited or reviewed.
For the self-directed product, ask for the fee schedule and how the Form D management-fee estimate is computed.
Check the status of MT Products v.
Alternative Capital Group (M.D. Fla. 8:25-cv-02510).
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Deal Intelligence →Appendix
Sources, Disclosures, and Supporting Context
The lower section is structured like a report appendix: relationship context first, adjacent reading second, and evidence last.
Report Appendix
Disclosure
Relationship and compensation context
+
Report Appendix
Disclosure
Relationship and compensation context
Report Appendix
Comparison Guides
Head-to-head guides featuring Supervest
+
Report Appendix
Comparison Guides
Head-to-head guides featuring Supervest
Report Appendix
Related Resources
Adjacent platform comparisons, frameworks, and category links
+
Report Appendix
Related Resources
Adjacent platform comparisons, frameworks, and category links
Further Reading
Related Resources
Adjacent frameworks and reviews that help place the platform in a broader allocation or due-diligence context.
Similar Platform Reviews
- Percent Review
A registered broker-dealer's private credit marketplace, including merchant cash advance deals, with deal-level performance data.
- Worthy Review
Fixed-rate Regulation A bonds from single-purpose lending issuers, with audited annual reports.
- Sharestates Review
Another fixed-rate note sponsor whose notes rest on the sponsor's own credit.
Report Appendix
Evidence & Methodology
130 cited passages on file; sources, scope, and how the review was assembled
+
Report Appendix
Evidence & Methodology
130 cited passages on file; sources, scope, and how the review was assembled
Evidence on file
130 supporting passages on file for Supervest and its offerings from 6 source documents, 20 discrepancies flagged. Each passage records the metric it supports, the value read from the document, the page, and the verbatim text where the document has it. Terminal subscribers read the passages; open them in the terminal.
- Cited passages
- 130
- Source documents
- 6
- Analyst verified
- 0
- Discrepancies flagged
- 20
ASReview Evidence
Methodology
53-page scrape of supervest.com and direct reads of its terms and two blog posts; every Form D of ten Supervest issuers; the parent's Form C, C/A, C-U and C-AR; SV Capital Management's 2023 Form ADV and IAPD status; legal scan of EDGAR, IAPD, CourtListener and the web.
Scope
The five notes on the investor dashboard, the self-directed MCA product, the issuers' filings and the parent's last public financial statements.
Key Findings
- *Note page footnote: 'the term of a Note is generally offered to investors at the discretion of the manager, and may exceed the estimated term by a significant amount of time.'
- *How it works: 'No fees are charged to our SV Note Offering investors and interest is fixed over the life of the investment.'
- *Form D, Supervest MCA LLC: $8,641,437 'Represents a management fee payable to the Issuer'.
- *Form C-AR: 'Certain members owning 32.5% of the Company are also owners and founders of Debt Pay Gateway Inc.'
Primary Source Pages
FAQ
Frequently Asked Questions
High-intent search questions answered directly, without making users hunt through the full review.
Is Supervest legit?
Supervest is a real company that files Form D notices for its offerings, verifies accredited investors through a third party, and says it has paid every coupon on time. AltStreet found no regulator action. It also found no audited financial statements for any note issuer, several Form Ds filed more than a year after the first sale, a site statement about its adviser's status that is out of date, and a pending civil suit by a merchant naming the parent and its adviser, dismissed on pleading grounds with a motion to reopen pending.
How does Supervest make money if the notes have no fees?
From the spread. The notes pay a fixed 10% to 15%; the merchant cash advances they fund are priced to earn more. Supervest keeps the difference; the spread and how losses are allocated are not publicly disclosed. On the self-directed product, its Form D reports an estimated $8.6 million management-fee allocation to the issuer.
Are Supervest notes safe?
Public materials do not say whether the notes are secured or what credit support stands behind them. The notes fund small-business merchant cash advances through a Supervest series, and the security, ranking and loss terms are in confidential offering documents. No financial statements of the issuers are public, and the manager may extend a note's term.
Can I withdraw early from a Supervest note?
No. The FAQ says note funds 'are inaccessible until the maturity date of the note', there is no secondary market, and the note pages say the term may be extended at the manager's discretion.
What is the minimum investment on Supervest?
$25,000 for the notes, and $1,000,000 for the self-directed MCA product. Both are open only to verified accredited investors, including through IRAs and trusts.