JOBS Act (2012)
Legal foundation for equity crowdfunding, Reg A+, enabling broader investor access.
AI-Native · Agentic-First · Non-Bank Financial Institution
Raise Capital.
Raise Capital.
Lend Capital.
Manage Capital.
Canine Capital Institutional-Credit Bonds™ bring fixed-income investors into institutional private credit for the businesses that care for America's dogs — dual-asset-backed facilities, originated and serviced by AI-native, human-governed infrastructure, with fixed contractual rates of up to 14.0%.
0
Securities on the Roster
0.0M+
Loans Analyzed & Cataloged
0+
Kennel Businesses Analyzed
14.0%
Fixed Coupons · Up To
The Thesis
A Durable Industry, Hiding in Plain Sight
Roughly 71 million U.S. households own a dog — and they spend on care the way they spend on essentials, not luxuries. Boarding and daycare behave like a recurring household need, not a splurge. That is durable demand.
Yet this industry has never had an institutional capital partner built for it — no underwriting designed around how these businesses work, no capital-markets channel. The demand is institutional-grade; the financial infrastructure didn't exist. Canine Capital is building it.
The vehicle is private credit — capital allocated directly to businesses, outside public exchanges. These markets have grown rapidly, driven by the pursuit of durable income and greater flexibility than public markets allow.
View Bond SeriesU.S. dog-owning households
~0M
Essential, recurring demand
Global private credit AUM, est.
$0.0T
Industry estimate, 2024
JOBS Act enacted
1900
Foundation for modern access
Institutional capital rails built for this industry
0st
Canine Capital is building it
Market Momentum
Why Private Markets Are Surging
A decade of regulatory modernization opened institutional credit to a far broader investor base. Canine Capital is the next step.
Reg A+ Expanded
SEC raised Tier II limits to $75M — enabling non-accredited retail participation.
First NBFI Funded
Fractional net assets first funded into non-bank institutional infrastructure at scale.
Canine Capital
AI-native, agentic-first NBFI operationalizing private credit for the next generation.
2000 BCE → Today · A Historical Walk
Begin the Walk →
The Community Lender appeared 4,000 years ago in Mesopotamia. Walk its whole journey — it ends here.
The Capital Journey
Follow a Dollar Through the Machine
Capital Enters
Ten securities across five regulatory rails — Reg D 506(c), Reg A+ Tier II, Reg S, EB-5 Regional Center, and IRA-eligible frameworks — with broker-dealer and banking infrastructure engaged from the first dollar.
Dalmore GroupMercuryStripe
Agents Underwrite
Agentic intake, verification, and credit analysis — grounded in a living catalog of 2.5M+ small-business lending outcomes and 8,500+ analyzed boarding and kennel businesses, enriched with institutional credit and business data. Every consequential judgment passes through a human.
Claude Fable 5RealAICRS Credit APIDun & BradstreetSBA Benchmarks
Collateral Locks
Before a facility funds, it is secured twice — by the operating cash flow that repays it, and by the real estate and hard collateral that stand behind it. Income coverage plus asset recovery, on every facility.
🏢 Business Cash Flow🏠 Real Estate💎 Hard Collateral
Capital Goes to Work
Facilities fund the businesses that care for America's dogs — boarding, daycare, and kennel operators with essential, recurring demand. Enterprise servicing, real-time payment rails, and operational telemetry keep every facility observable.
LoanProGingrStripe
Income Flows Back
Fixed contractual income returns to bondholders — monthly distributions or compounding accrual, at fixed contractual rates of up to 14.0%. Principal returns at maturity. Then the cycle runs again.
View Bond Offerings →The Platform
Run by Intelligent Agents. Governed by People.
Canine Capital combines AI-driven credit operations, institutional private credit strategies, and modern lending technology to originate and manage asset-backed commercial credit facilities at scale — with every consequential judgment passing through a human.
"We ground our credit approach in one of the largest available bodies of small-business lending outcomes, and anchor our standards to the same exit tests established lenders rely on. We're confident in the rigor of our approach — the specifics of how we do it are our own."
AI-Native Underwriting
Intelligent agents automate deal intake, credit scoring, and covenant monitoring across the full credit lifecycle.
Dual-Asset Collateral Protection
Every credit facility is backed by operating business cash flow AND hard collateral — real estate and other assets.
Real-Time Loan Servicing
Automated loan servicing, real-time payment infrastructure, and enterprise-grade lending management systems.
Multi-Regulation Offering Structure
Bonds offered under Reg D 506(c), Reg A+ Tier II, Reg S, EB-5, and eligible IRA frameworks.
Human-Governed Decisions
Intelligent systems do the heavy lifting; people make the decisions that should be made by people. Modern technology, governed conservatively.
The Intelligence
Authored by the Frontier.
Canine Capital's codebase is written by Claude Fable 5 — Anthropic's frontier model and the most capable coding intelligence on the market: premium-priced, usage-credit-gated, and proven at frontier scale. The same intelligence that writes code inside the world's leading AI lab writes ours.
And it never stops. Every pass leaves the platform stronger, more secure, and more efficient — without ever rewriting its core soul. The underwriting mind persists; its capabilities compound. Before a single facility funds, that mind has already done the reading:
MODEL · CLAUDE FABLE 5 — ANTHROPICLoan Outcomes
0.0M+
Loans analyzed and cataloged into the underwriting corpus.
Kennel Businesses
0+
Boarding & kennel businesses analyzed and cataloged at investment-evaluation depth.
Every Evaluation
Dual-Asset
Value and reasoning on both layers — operating cash flow and hard collateral.
Market Vision
0-Month
Projected local market forecast attached to every cataloged business.
Corpus figures reflect internal analysis and cataloging — not loans originated and not portfolio performance. Claude and Anthropic are trademarks of Anthropic, PBC; reference does not imply endorsement.
The Agentic Stack
Institutional Rails, Integrated.
Agents don't operate in a vacuum. The platform is assembled on enterprise-grade rails — each layer operated by a category leader, orchestrated by Canine Capital's agentic core.
LAYER 01
Capital Markets
Raise
LAYER 02
Banking & Payments
Move
LAYER 03
Credit Intelligence
Decide
Anthropic · Claude Fable 5Frontier model writing and evolving the codebase.
RealAIEnterprise AI infrastructure powering the agentic core.
CRS Credit APIConsumer and commercial bureau data through one API.
Dun & BradstreetBusiness identity, firmographics, and risk analytics.
Experian BusinessCommercial credit profiles and small-business scores.
Equifax BusinessBusiness credit reports and verification at scale.
TransUnion BusinessCommercial risk insights and fraud-prevention data.
SBAStandards anchored to government lending benchmarks.
LAYER 04
Servicing Core
Operate
LAYER 05
Back Office & Coordination
Reconcile
LAYER 06
Industry Telemetry
Observe
All trademarks are the property of their respective owners and do not imply endorsement. Integration roster reflects current platform architecture and is subject to change.
Dual-Asset Protection
Two Layers of Collateral. One Standard of Discipline.
Every facility in the portfolio is secured twice — by the income that repays it, and by the assets that stand behind it.
Operating Business Cash Flow
Credit facilities are backed by the operating cash flow of borrowing businesses, providing income-based repayment coverage.
🏢 Business Cash Flow
Real Estate & Hard Collateral
In addition to cash flow coverage, facilities are secured by real estate and other hard collateral assets, providing asset-based recovery in default scenarios.
🏠 Real Estate💎 Hard Collateral🌐 Global Assets
INCOME COVERAGE＋ASSET RECOVERY＝DUAL-ASSET BACKED
For Operators
"The product isn't a loan. The product is business ownership."
The business is the vehicle. A thriving owner-operator is the outcome.
Growth and acquisition financing built for boarding and kennel operators — by people who understand the industry. Our founder grew up in it and hit the financing gap firsthand; Canine Capital exists to be the partner that wasn't there.
Shared Success — the Goodwill Coupon
When Canine Capital helps create upside, it shares in it — within disclosed limits. Alignment by design: we succeed when the operator succeeds, never instead of them. Structure details live in the offering documents.
For Operators · Official SBA Tool · Free · No Credit Pull
Match with an SBA lender in days — and if the answer is “not yet,” our bridge sends you back SBA-ready.
Lender Match connects you to the SBA’s lender network; Canine Capital’s 24–30 month maturation bridge covers the gap.
Open Portfolios
The Securities Roster. Two Vintages.
Ten securities across four issuing entities — from a $1,000 retail entry to institutional, international, and EB-5 allocations, with fixed contractual coupons of 7.5% to 14.0%.
Institutional
Institutional-Credit Bonds™
Fixed-income participation for institutional and qualified buyers — the six series below.
Digital-First
The Bond Shop
Education-led, digital-first access for eligible investors. Learn first, subscribe second.
Development
The Growth Bond
Tied to our development arm — building businesses and creating jobs in the dog economy.
2026 VintageReg D 506(c) · Canine Capital Private Fund I, LLC · SEC CIK 2123138Issued · Mar 2026
Institutional-Credit Bond™ · 2026 Series A
3-Year
14.0%Fixed Coupon
$50,000
Cash-Pay / Growth
Institutional-Credit Bond™ · 2026 Series B
5-Year
14.0%Fixed Coupon
$50,000
Cash-Pay / Growth
Institutional-Credit Bond™ · 2026 Series C
★ SD-IRA
Perpetual
10.5%Fixed Coupon
$50,000
Growth only
Private-Credit Promissory Note™ · 2026 Series PN
Promissory Note
3-Year
14.0%Fixed Coupon
$50,000
Cash-Pay only
2027 VintageReg S · Canine Capital International Private Fund, Ltd · Non-U.S. PersonsInterest Period · Est. 2027
Institutional-Credit Bond™ · 2027 Series INTL A
3-Year
12.0%Fixed Coupon
$200,000
Cash-Pay / Growth
Institutional-Credit Bond™ · 2027 Series INTL B
5-Year
12.0%Fixed Coupon
$200,000
Cash-Pay / Growth
2027 VintageReg A+ Tier II · Canine Capital Private Fund II, LLC · From $1,000Interest Period · Est. 2027
Institutional-Credit Bond™ · 2027 Series Retail A
3-Year
14.0%Fixed Coupon
$1,000
Cash-Pay / Growth
Institutional-Credit Bond™ · 2027 Series Retail B
5-Year
14.0%Fixed Coupon
$1,000
Cash-Pay / Growth
Institutional-Credit Bond™ · 2027 Series Retail C
★ SD-IRA
Perpetual
10.5%Fixed Coupon
$10,000
Growth only
2027EB-5 Regional Center · CC EB-5 Regional Center, LLC · Green-Card PathwayInterest Period · Est. 2027
CC Immigration & Jobs Bond™ · 2027 Series EB-5
Green-Card Path
5-Year
7.5%Fixed Coupon
$800,000
Cash-Pay
Coupons are fixed contractual rates per the current securities roster; bonds issue in $1,000 denominations. Eligibility, availability, and second-market status are governed solely by each series’ offering documents. Growth profiles are illustrative motifs — not performance data. The 2027 series are “testing the waters” under Regulation A and Regulation S — no money or other consideration is being solicited, and if sent, will not be accepted; see full disclosures.
The Lending Standard
Built on the Strongest Borrowers on Record.
Across the 2.5M+ small-business lending records analyzed by the platform, SBA borrowers rank among the strongest cohorts on record — more than 90% completion of obligation. Canine Capital anchors its credit standards to that benchmark, in an industry where every funded facility is an operating business — boarding, daycare, and kennel operators creating local jobs in their communities.
Completion of Obligation
0%+
SBA borrowers — among the strongest cohorts in the analyzed record.
Records Analyzed
0.0M+
Small-business lending outcomes cataloged by the platform.
Jobs in Every Facility
Capital In → Jobs Out
Every facility financed is an operating business anchoring employment in its community.
Outcome statistics describe the analyzed public small-business lending record, including SBA program data — they are not Canine Capital portfolio performance and are not a projection of bond outcomes.
These securities are offered pursuant to applicable securities exemptions. This material is for informational purposes only and does not constitute an offer to buy or sell securities.
Your Income, Your Way
Choose Your Investor Election
Two ways to receive your fixed contractual coupon — Cash-Pay income or compounding Growth. Availability is series-specific.
Run the Numbers
Earnings, by the Minute.
Fixed income shouldn't be abstract. Pick a series, an election, and an amount — then watch a hypothetical subscription accrue in real time.
Coupon Payment Election
Contractual Coupon
14.0%
Fixed by the securities roster — set by your series selection above.
Live · Accruing While You Watch
$0.000000
hypothetical interest accrued since you opened this section
Per Minute
—
Per Day
—
Monthly Payment
—
Total Interest Over Term
—
Figures use each series’ fixed contractual coupon from the current securities roster (bonds issue in $1,000 denominations) and assume a 30-day month (43,200 minutes). Perpetual Growth series are illustrated over a 10-year horizon. Hypothetical illustration — not a projection or guarantee of returns; offerings are made solely through each series’ offering documents. All investments involve risk, including possible loss of principal.
Who Can Invest
A Series for Every Investor
Eligibility depends on the series and its offering basis. Investor classification is verified before gated document access.
Accredited Investor
≥$1M net worth or $200K incomeVerified accredited investors may subscribe to Reg D 506(c) domestic series.
Qualified Purchaser
≥$5M in investmentsQPs access institutional allocations within the domestic fixed-income series.
Qualified Institutional Buyer
≥$100M in securitiesBanks, funds, and institutions managing large securities portfolios.
Community & Retirement Investors
Reg A+ Tier II · from $1,000Broader access planned for 2027 — IRA, Roth, SEP, Solo 401(k), HSA, and eligible rollovers.
International Investors
Reg S · Non-U.S. persons · from $200,000Fixed-income access for non-U.S. citizens and offshore institutions.
EB-5 Participants
Regional Center · $800,000Immigration-linked investment on a green-card pathway, with program-specific requirements.
The Library
Understand Everything. Then Invest.
Eighteen short journeys through the history, frameworks, programs, and economics behind the roster — education first, by design.
The Accredited & Institutional Investor
Regulation D 506(c)
General solicitation, verified investors — the framework behind the 2026 institutional vintage.
Begin the journey The Retail, Digital-First InvestorRegulation A+ · Tier II
The “mini-IPO”: SEC-qualified access to private credit from a $1,000 minimum.
Begin the journey The International, Non-U.S. InvestorRegulation S
The offshore lane of U.S. private credit — clean, compliant, outside registration.
Begin the journey The Immigrant Family — Green-Card InvestorEB-5 & the Regional Center
Capital that must create American jobs — and a family’s pathway to residency.
Begin the journey Small-Business Ownership GrowthSBA 7(a) & 504
The federal lending record — 90%+ completion — our standards are anchored to.
Begin the journey A Utility, Not a LuxuryThe Boarding Kennel Business
71M dog-owning households of essential demand — the statistics and where the market is headed.
Begin the journey A Fixed-Income InstrumentThe Bond
Par, coupon, maturity, elections — how the instrument on the roster actually works.
Begin the journey From Mesopotamia to the Dog EconomyThe Journey of Lending
4,000 years of the Community Lender — seed loans, Hammurabi, the Medicis, fintech — ending at our front door.
Begin the journey The Retirement Investment AccountThe Self-Directed IRA
From ERISA 1974 to self-direction — the retirement wrapper, unlocked. Registered with 10+ SD-IRA custodians.
Begin the journey Canine Capital × the PLP NetworkThe SBA Preferred Lender Program
Preferred Lenders refer the “not yet” borrowers; our 24–30 month bridge sends them back SBA-ready.
Begin the journey The Canine Economy — by the NumbersThe $100 Billion Dog
51% of the pet economy’s impact, one species — the spending gap, the service premium, the engine.
Begin the journey The Elder of Alternative AssetsPrivate Credit
Finance’s original asset class — from direct loans to a $1.7T institutional pillar, practiced here in original form.
Begin the journey Banking’s Unbound SiblingThe NBFI
SoFi was one. PayPal still is. How non-bank institutions work — and why we are one on purpose.
Begin the journey Where the Human Hours GoHuman in the Loop
Traditional lenders spend their year on machinery. We spend ours on decisions — the what-if born outside the Pru.
Begin the journey The AI in AI-NATIVEFable 5
Anthropic’s ladder to the frontier — and why the author of our codebase matters to your coupons.
Begin the journey The Instrument Behind Institutional LendingThe Credit Facility
From temple granaries to private credit — the architecture of committed capital, and ours.
Begin the journey What Our Masthead Actually MeansAI-Native, Agentic-First
Native vs bolted-on, the companies built this way — and why the machinery matters to your coupons.
Begin the journey The Public-Market DefaultThe S&P 500 & Mutual Funds
A century of pooled investing, from 1924 to passive autopilot — and the other side of a portfolio.
Begin the journeyQuestions, Answered
Frequently Asked Questions
Fixed-income bonds issued by Canine Capital, an AI-native non-bank financial institution focused on the businesses that care for America's dogs. Proceeds fund asset-backed commercial credit facilities, and bondholders receive a fixed contractual rate for the bond term via their chosen payment election.
Eligibility depends on the series: the 2026 vintage (Series A, B, C, and the Promissory Note) requires verified accredited investors under Reg D 506(c); the 2027 Retail series are planned under Reg A+ Tier II with broader access including retirement accounts; the 2027 INTL series are limited to non-U.S. investors under Reg S; and the Immigration & Jobs Bond™ serves EB-5 Regional Center participants.
Two layers. Layer one: the operating cash flow of borrowing businesses, providing income-based repayment coverage. Layer two: real estate and other hard collateral assets, providing asset-based recovery in default scenarios.
Cash-Pay pays contractual monthly fixed-income payments to your account during the term. Growth compounds those payments monthly and pays the accumulated value at maturity. Most series offer both; the perpetual SD-IRA series (2026 Series C and 2027 Retail C) are Growth-only, and the Promissory Note and EB-5 bond are Cash-Pay.
Two perpetual Growth-election series are built for retirement accounts: 2026 Series C (accredited, from $50,000) and 2027 Retail Series C (from $10,000). Both may be held in a Self-Directed IRA, Roth IRA, Traditional IRA, SEP IRA, Solo 401(k), HSA, or via an eligible rollover. Consult your advisor regarding suitability. Learn the Self-Directed IRA journey →
Intelligent agents automate deal intake, credit scoring, and covenant monitoring across the full credit lifecycle — paired with automated loan servicing and real-time payment infrastructure for ongoing facility management.
Minimums are series-specific: $1,000 for the 2027 Retail series, $50,000 for the 2026 institutional series and Promissory Note, $200,000 for the 2027 international series, and $800,000 for the EB-5 Immigration & Jobs Bond™ — each issued in $1,000 bond denominations. Full terms are in each series' offering documents.
Begin Your Subscription
Fixed Income, Reimagined.
Tell us which series fits your mandate — domestic, retirement, international, or EB-5 — and a relationship manager will guide your subscription from verification to funding.