You have indicated your business will be able to raise all of the money it needs in a private offering to accredited investors only. As such, you may wish to consider conducting the offering under 506(b).
In order to use the Rule 506(b) exemption in Washington, you must make a notification filing with the SEC as well as with the Washington Securities Division. Although Rule 506(b) is subject to fewer requirements when the offering is limited to accredited investors only, your offering will remain subject to both federal and state securities laws that prohibit fraudulent conduct in the sale of securities.
To learn more about offerings under Rule 506(b) and related filing requirements, please consult the Rule 506 section of our Offering Options publication.