A fixed 9% a year, paid every month, for three years.
Cole Investment Fund LLC offers up to $5 million of Series A corporate bonds. The money is lent to its parent, Blear LLC, which buys, renovates and rents property in Enid, Oklahoma, and guarantees every payment.
How it works
You buy bonds from Cole Investment Fund LLC.
The Fund lends the proceeds to Blear LLC under a written note.
Blear LLC pays the interest and principal and unconditionally guarantees both.
The bonds and the guarantee are unsecured. Bondholders have no lien on any property.
What you receive
| Invested | Each month | Interest over 36 months | Principal at maturity |
|---|---|---|---|
| $5,000 | $37.50 | $1,350 | $5,000 |
| $25,000 | $187.50 | $6,750 | $25,000 |
| $50,000 | $375 | $13,500 | $50,000 |
| $100,000 | $750 | $27,000 | $100,000 |
Simple interest, before taxes. Interest is taxable as ordinary income. Payments are obligations of the Company and its guarantor, not of any bank or government, and are not insured.
Key risks
Unsecured, no collateral.
Interest at a full raise ($37,500 a month) exceeds the guarantor’s current rent ($20,220 a month).
The guarantor reported a net loss of $752,927 from January 2025 to September 2026 and its liabilities exceed the recorded cost of its assets.
The guarantor already owes about $1.9 million to private noteholders who rank equally with bondholders.
No market for the bonds; plan to hold to maturity.
No outside counsel or auditor has reviewed the offering.
The managers divide their time among Blear LLC, Cole, Inc. and a second offering, Cole Opportunity Zone Fund LLC.
Have a capital gain to invest?
The managers also manage Cole Opportunity Zone Fund LLC, a separate equity fund that opens January 1, 2027: $50,000 minimum, a ten-year hold, and federal capital-gains deferral for eligible gains invested within 180 days of a sale. Its return target, terms and risks are at coleoz.com.
Cole Investment Fund LLC and Cole Opportunity Zone Fund LLC are separate companies with separate offering documents. Each offering is made only by its own Private Placement Memorandum to verified accredited investors. A subscription to one is not a subscription to the other, money invested in one is not used by the other, and neither fund guarantees the other. All Cole offerings: cole.fund.