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 May 6, 2025, Supplement No. 1 dated May 21, 2025, and Supplement No. 2 dated June 13, 2025. Supplement No. 2 includes an update regarding the status of our offering; an update regarding the equity ownership in the Company; and an update regarding our executive officers.
