ICON ECI Fund Fifteen, L.P.

ICON ECI Fund Fifteen, L.P. (“Fund Fifteen”) is an equipment finance fund that will primarily make investments that are collateralized by equipment. Fund Fifteen’s investments will be in domestic and global companies that utilize equipment and other corporate infrastructure (collectively, “Capital Assets”) to operate their businesses. These investments will primarily be structured as debt and debt-like financings, such as loans and leases, that are collateralized by Capital Assets. In some cases, additional assets, such as accounts receivable, intellectual property, inventory, real estate and stock of such businesses, will collateralize Fund Fifteen’s investments to provide added security for such investments. For example, in the event that the Capital Assets that collateralize an investment are not sufficient to cover a loss, Fund Fifteen would also look to these other assets that were provided as security for its investment to mitigate its losses. There can be no assurance, however, that the Capital Assets and other assets securing Fund Fifteen’s investments will be sufficient to cover any losses that could occur in the event that a borrower or lessee defaults in its payments to Fund Fifteen.

Investment Objectives:

  • Make Cash Distributions
  • Diversify to Reduce Risk
  • Provide a Favorable Total Return

Offering Profile:

  • Fund Offering Size: $418 million with ability to increase to $618 million
  • Price Per Interest:  $1,000 per interest
  • Investment Minimums: $5,000 for Qualified and Non-Qualified Accounts
  • Length of Program:  Anticipated to be at least 9 years 
  • Suitability: $70,000 income plus $70,000 net worth; or $250,000 net worth (some States may vary)* 
  • Reporting: Quarterly portfolio overviews

*The jurisdictions of Alabama, Arizona, Iowa, Kansas, Kentucky, Maine, Massachusetts, Michigan, Missouri, Nebraska, New Hampshire, Ohio, Oregon, Pennsylvania and Tennessee have additional suitability requirements and/or recommendations.  Please review the prospectus for specific details.  Furthermore, net worth does not include the value of one’s home furnishings, personal automobiles or home.

 


ICON Capital, LLC is the investment manager of ICON ECI Fund Fifteen, L.P. (“Fund Fifteen").  Please read the Fund Fifteen prospectus carefully prior to making any investment decision and consider the risks, charges, expenses and other important information described therein.  Investment in any security involves risk and may lose value.  ICON Securities, LLC does not offer tax, legal, investment, or accounting advice.  Please consult an appropriate professional for advice in these areas.

Current offerings may not be registered for sale in all jurisdictions. Interested parties should request additional information through selling broker/dealers with whom ICON Securities, LLC has an active selling dealer agreement. To locate a participating selling broker/dealer in your jurisdiction, please contact ICON Securities, LLC.

Risks and limitations include, but are not limited to, the following: portion of distributions may be a return of capital; return may be adversely affected by industry uncertainties including unanticipated declines in equipment value; greater losses may result from defaults due to leveraging; substantial fees to affiliates; illiquidity of interests; limited voting rights; subject to conflicts of interest amongst affiliates.

ICON Securities, LLC, member FINRA/SIPC, serves as a dealer-manager for ICON® Investment Funds.  ICON Securities, LLC and ICON Capital, LLC are separate, but affiliated companies. When you leave ICON Securities, LLC's website and go to ICON Capital, LLC's website, the information provided therein has been created and is maintained by ICON Capital, LLC.