About
The JLC Income Fund
Invest in uncollected Judgments, Liens, and Claims at the right prices for a 21%+ IRR. Our goal is to quadruple (4x) your investment in 3 years or less.
Details about the fund offering:
$25,000,000 Capital Raised to purchase approximately $250,000,000 in judgments, liens and claims.
Investor returns will be accomplished by collecting a large percentage of these uncollected debts. (We have a track record of collecting 80% over the last 3 years.)
We have set a target IRR of 21% which we expect to exceed.
Investor minimum commitment is $50,000
Investor maximum commitment is $4,750,000
Term is 60 months.
There is a 2% managment fee.
We are offering a 10% Preferential Return & 2% Catch Up.
Carried interest will be 80/20 up to 40% IRR at the investor LP level.
All returnes above 40% IRR at the investor LP level, Carried interest will change to 50/50.
Use of Proceeds
In General The Proceeds of the Investment will be used as follows:
- Approximately about 40%-45% of Capital raised will be used to purchase judgments, liens and claims.
- Between $200,000,000 to $250,000,000 in face value of judgments will be purchased.
- Approximately about 45%-50% of Capital riased will pay for the analyst, recovery and related costs involved in the business of collecting the purchased debts. These costs will include but are not limited to:
- Legal Fees
- Analyst work
- Private Investigator work
- Judgment Enforcement expenses
- Admin & O.H. costs to manage all the recovery efforts
- We will keep 10%+ in the fund for fund expenses, operating capital and unexpected recovery costs.
Note: You will be provided for a detailed deal disclosure document for your investment which includes more details on exactly how each phase of this investment.
Risks & Disclosures
You understand that you are solely responsible for reviewing any fund, its offering and any statements made by a fund or its manager and for performing such due diligence as you may deem appropriate, including consulting your own legal and tax advisers, and that any information provided by JLC Income Fund LLC shall not form the primary basis of your investment decision.
This material is based upon information JLC Income Fund LLC believes reliable. However, JLC Income Fund LLC does not represent that it is accurate, complete, and/or up-to-date and, if applicable, time indicated. JLC Income Fund LLC does not accept any responsibility to update any opinion, analyses or other information contained in the material.
This material is for your general information only and is not an offer or solicitation to buy or sell any security including any interest in an investment fund. Investment funds have eligibility requirements for participation, generally beginning at a net worth greater than $1.5 million (including a spouse) or $5 million for companies.
It is JLC Income Fund’s policy to have written advisory agreements. An investment advisory relationship between JLC Income Fund LLC and any entity or person will commence upon execution of the advisory agreement. JLC Income Fund LLC will not provide advice or enter into an advisory relationship until a written advisory contract is signed by the client.
Past Performance is No Guarantee of Future Results.
View our
Offering Documents & Pitch Deck
Meet the The JLC Income Fund team
Partner, CEO Business Development and Marketing
Jay Greewalt
Jay brings business savvy and decades of experience to the table. After spending decades making deals in the commercial and real estate sectors, he was absolutely blown away by this opportunity. The real profit he has already created with what most call bad debt, (“uncollectable” judgments, claims and liens) is truly impressive. An expert in deal analysis, acquisitions and funding, Jay’s experience and wisdom acquired over a lifetime make him uniquely qualified to pilot the JCL Income Fund.
Partner, COO, Senior Asset Analyst
Rodney Gagnon
Rod has spent the last 3 decades finding and collecting “uncollectable bad debts”. He is an expert in asset recovery and financial investigations. Rod specializes in the recovery of court judgments, which include money judgments, bankruptcy court judgments, FDIC-owned bank debt, Surety/Fidelity deficiencies, and commercial loan deficiencies. He’s helped law firms and investors recover millions of dollars both in the US and offshore. He is a member of the RMAI, Past President of PPIA of Colorado
Partner, Investor Relations
Warren E. Ross
Warren has been involved in many different sales and marketing positions, as well as owning and operating small businesses. For example, in 2002, Warren became a Sales Director for a local Idaho Falls manufacturer - and within 5 years, had grown the company’s hitch division from startup to over $6 million in revenue. In 2022, Warren joined Acorn Funding Group as their Sales and Marketing Director - where he continues to skyrocket their sales & marketing efforts.
Partner, CEO Business Development and Marketing
Jay Greewalt
Jay brings business savvy and decades of experience to the table. After spending decades making deals in the commercial and real estate sectors, he was absolutely blown away by this opportunity. The real profit he has already created with what most call bad debt, (“uncollectable” judgments, claims and liens) is truly impressive. An expert in deal analysis, acquisitions and funding, Jay’s experience and wisdom acquired over a lifetime make him uniquely qualified to pilot the JCL Income Fund.
Partner, COO, Senior Asset Analyst
Rodney Gagnon
Rod has spent the last 3 decades finding and collecting “uncollectable bad debts”. He is an expert in asset recovery and financial investigations. Rod specializes in the recovery of court judgments, which include money judgments, bankruptcy court judgments, FDIC-owned bank debt, Surety/Fidelity deficiencies, and commercial loan deficiencies. He’s helped law firms and investors recover millions of dollars both in the US and offshore. He is a member of the RMAI, Past President of PPIA of Colorado
Partner, Investor Relations
Warren E. Ross
Warren has been involved in many different sales and marketing positions, as well as owning and operating small businesses. For example, in 2002, Warren became a Sales Director for a local Idaho Falls manufacturer - and within 5 years, had grown the company’s hitch division from startup to over $6 million in revenue. In 2022, Warren joined Acorn Funding Group as their Sales and Marketing Director - where he continues to skyrocket their sales & marketing efforts.
