Form D · Other Banking and Financial Services

BP Commercial Funding Trust, Series SPL-I

New York, NY · CIK 0002011244

Offering snapshot reported Feb 13, 2026 · SEC filing

Reported sold
$247M
Indefinite offering
Investors reported
34
Form D · investor count
Minimum accepted
$150K
Reported outside-investor minimum
First sale
May 20, 2021
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$123M$247MFeb 16, 2024: $156,299,526.00Feb 16, 2024Feb 14, 2025: $197,547,000.00Feb 14, 2025Feb 13, 2026: $246,947,000.00Feb 13, 2026

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported sold$197,547,000 → $246,947,000
  • Reported investors29 → 34

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Feb 13, 2026Amendment$246,947,000$49,400,000vs Feb 14, 202534SEC filing
Feb 14, 2025Amendment$197,547,000$41,247,474vs Feb 16, 202429SEC filing
Feb 16, 2024Initial$156,299,526No comparison26SEC filing

Offering details

Securities
Other
Exemptions
06b
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-505452
LOAN PARTICIPATION

Source: Form D, filed Feb 13, 2026. Minimum accepted may differ from a standard advertised minimum.

Fund connections

No confirmed ADV fund connection is available for this issuer.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
Michael Petronio Executive

Issuer details

Industry: Other Banking and Financial Services (See others in industry)

Address:
C/O Basepoint Capital Ii, Llc 75 Rockefeller Plaza, Suite 16 C
New York, NY, 10019