Open the Prospectus dated April 22, 2020
Open Supplement 1 dated May 4, 2020
Open Supplement 2 dated May 20, 2020
Open Supplement 3 dated August 14, 2020
Open Supplement 4 dated November 13, 2020
SUPPLEMENTAL INFORMATION- This document supplements, and should be read in conjunction with, the prospectus of Shepherd’s Finance, LLC (the “Company,” “we,” or “our”) dated April 22, 2020, Supplement No. 1 dated May 4, 2020, Supplement No. 2 dated May 20, 2020, Supplement No. 3 dated August 14, 2020, and Supplement No. 4. Supplement No. 4 includes an update regarding the status of our offering; an update to the “Risk Factors” section of our prospectus; 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 nine months ended September 30, 2020; and our unaudited condensed consolidated financial statements as of and for the three and nine months ended September 30, 2020.