SUPPLEMENTAL INFORMATION-The prospectus of Shepherd’s Finance, LLC consists of this notice, the prospectus dated April 20, 2017, Supplement No. 1 dated April 27, 2017, and Supplement No. 2 dated August 8, 2017. Supplement No. 2 includes an update regarding the status of our offering, our entry into the Sixth Amendment to the Loan Purchase and Sale Agreement with S.K. Funding, LLC, an update to the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” section of our prospectus to include information for the three and six months ended June 30, 2017 and our unaudited condensed consolidated financial statements as of and for the three and six months ended June 30, 2017.