Income-driven.
Trade-powered.
Built for yield.
A Delaware Series LLC deploying capital into short-cycle commodity, trade, and working-capital finance instruments to generate recurring income. 30–180 day self-liquidating transactions. 10–14% target net yield. Managed by a GP with 35+ years of physical commodity and trade finance operating experience.
How capital works:
the income cycle.
SPV I deploys capital exclusively into self-liquidating trade and working-capital finance instruments. Every transaction cycle is designed to repay principal and generate yield within 30–180 days — then recycle into the next deployment.
Capital Committed
Investors commit at $250K minimum. Accredited investors only under Reg D 506(b). Capital Account established on admission.
Deployed in Cycles
Capital deployed into 30–180 day self-liquidating trade and working-capital finance instruments across established corridors.
Yield Generated
Each cycle produces income: principal returns plus the agreed margin or rate, paid at maturity by the counterparty.
Recycled or Distributed
Capital recycled into the next transaction or distributed to Members on a quarterly cadence, subject to fund policy.
Five instruments.
One objective: yield.
SPV I invests across five short-cycle income instruments — each grounded in InUSA Capital's 20+ years of physical commodity and trade finance operating experience. No long-duration equity. No speculation. Self-liquidating by structure.
Purchase Order Finance
Pre-shipment funding against confirmed POs from creditworthy buyers. Deployed across InUSA's domestic and cross-border commodity transactions.
AR Factoring
Discounted purchase of qualifying trade receivables across InUSA's established US, Singapore, UAE, and Vietnam corridors.
Commodity-Backed Lending
Short-term facilities backed by agricultural commodities, base metals, or energy products. Collateral verified in established trading corridors.
Structured Credit
Defined repayment schedule facilities to trade counterparties with identifiable collateral or receivable streams.
Working Capital & RBF
Working-capital facilities and revenue-based financing to qualifying counterparties. Arm's-length terms required for affiliated parties.
The counterparty edge:
20 years of relationships.
SPV I sources transactions through established commodity and trade networks developed since 2005. Every corridor represents existing counterparty relationships — not screen-based outreach.
San Ramon / Bay Area
US HQ and primary origination hub. Silicon Valley and Bay Area business community relationships.
UAE (Dubai / Abu Dhabi)
GCC commodity trade networks. Family office relationships. Cross-border commodity financing flows.
India (Pan-India)
IIT Madras alumni network. HNW investor relationships. Agricultural commodity sourcing and trade finance.
Singapore
Asia-Pacific trade hub. Commodity financing, cross-border logistics, and trade receivables corridors.
Vietnam & Africa
Agricultural commodity supply chains. Emerging market trade counterparties and commodity exporters.
Taiwan
Technology manufacturing and electronic components trade corridors. Export financing relationships.
Fees, returns, and waterfall
disclosed upfront.
Standard 2% / 20% economics with 8% preferred return hurdle, full GP catch-up, and clawback protection. Quarterly distributions targeted. Capital recycles continuously across cycles.
Target Net Yield
10–14% net per annum on deployed capital. Driven by recurring transaction cycles, net of management fees and before carried interest. Aspirational, not guaranteed.
Preferred Return
8% per annum, cumulative and non-compounding. Paid in full before any carried interest allocation to the Managing Member.
Carried Interest
20% of profits above the 8% preferred return. Subject to full clawback if amount received exceeds amount ultimately earned.
Distribution Waterfall
- 1. Return of Capital: 100% to Members until all committed capital is returned
- 2. Preferred Return: 100% to Members — 8% p.a. cumulative, non-compounding
- 3. GP Catch-Up: 100% to Managing Member until 20% of profits received
- 4. Residual Split: 80% Members / 20% Managing Member; clawback applies
Risk Controls
- No single counterparty exposure exceeds 40% of Committed Capital without Majority-in-Interest consent
- Affiliated-vehicle financing (incl. SPV II) capped at 40% of Committed Capital; arm's-length terms required
- Counterparty due diligence completed before any deployment
- Collateral verification for commodity-backed lending; independent agent for material exposures
- OFAC and sanctions screening on all counterparties and cross-border corridors
- Annual audited financials delivered within 90 days of fiscal year end
Fully operational
and filed.
SPV I is formed, Form D filed, and accepting subscriptions from accredited investors. Complete compliance and reporting infrastructure in place — institutional-grade from day one.
Delaware Series LLC
InUSA Capital SPV I, LLC formed under §18-215 protected series structure. Single Income Series with ring-fenced assets and Capital Accounts.
SEC Form D — Rule 506(b)
Form D filed with the SEC. Regulation D exemption on file. Accepting accredited investors only under relationship-based admission.
Exempt Reporting Adviser
InUSA Capital LLC registered as ERA under the Investment Advisers Act of 1940. Verifiable on SEC EDGAR.
California DFPI Notice
State notice filing on record with the California Department of Financial Protection and Innovation.
Bloomberg TEI
InUSA Capital LLC registered on the Bloomberg Terminal Entity Identifier platform.
Legal Entity Identifier
LEI issued for global regulatory and counterparty identification across major jurisdictions.
Not a new team
learning the business.
SPV I is managed by InUSA Capital LLC. The Managing Member's strategy is built directly on three decades of physical commodity trading, GCC market operations, and cross-border trade finance.
"Trade finance is operational reality, not thesis. I have physically executed these transaction types as a principal across six corridors for over 20 years."
Ram N Ramachandran — Managing Member
- 35+ year cross-border career — India, GCC, and the US
- Unilever India: FMCG brand management, supply chain, and distribution network expertise
- PepsiCo / Frito-Lay GCC: Regional P&L leadership, family office capital, cross-border trade flows
- US agricultural commodity exporter since 2005 — Singapore, UAE, Vietnam, Africa, Taiwan corridors
- Delaware Series LLC structuring, Reg D 506(b), ERA framework, Bloomberg TEI registration
- Relationship-driven admission only — every investor knows the GP, counterparties, and thesis before committing
A clear path from
introduction to admission.
SPV I is open to accredited investors admitted on a relationship-driven basis under Rule 506(b). Master Operating Agreement, Subscription Agreement, and supporting documentation are ready.
Ram N Ramachandran
Managing Member, InUSA Capital LLC
SPV I is designed for accredited investors — HNW individuals, family offices, and institutional allocators — seeking recurring income from a US-domiciled institutional-quality vehicle with genuine cross-border operating context.
Complete documentation — Master Operating Agreement, Subscription Agreement, and KYC/AML intake — executed and ready for investor review at $250,000 minimum.