<HTML>
<HEAD>
<TITLE>Form 8-K</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<DIV
style="margin-left: 0.25in; width: 7.2in; font-family: 'Times New Roman',Times,serif">
<DIV style="font-size: 10pt">
<DIV
style="font-size: 1pt; width: 100%; border-bottom: black 2pt solid">&nbsp;</DIV>
<DIV
style="font-size: 1pt; width: 100%; border-bottom: black 1pt solid">&nbsp;</DIV>

<P style="font-size: 14pt" align="center"><B>UNITED STATES<BR>
SECURITIES AND
EXCHANGE COMMISSION<BR>
<FONT style="font-size: 12pt">Washington, D.C. 20549
</FONT></B>

<P style="font-size: 18pt" align="center"><B>FORM 8-K</B>

<P style="font-size: 12pt" align="center"><B>CURRENT REPORT<BR>
Pursuant to
Section 13 or 15(d) of the Securities Exchange Act of 1934</B>

<P style="font-size: 10pt" align="center"><B>Date of Report (Date of earliest
event reported): March 3, 2009</B>



<P style="font-size: 24pt" align="center"><B>CAPTERRA FINANCIAL GROUP,
INC.<BR>
</B><FONT style="font-size: 10pt">(Exact name of registrant as
specified in its charter) </FONT>
<TABLE style="font-size: 10pt; text-align: center" cellspacing="0"
cellpadding="0" width="100%" border="0">

 <TR>
  <TD width="32%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="32%">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD style="border-bottom: #000000 1px solid"><B>Colorado</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>000-50764</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>20-0003432</B></TD>
 </TR>
 <TR valign="top">
  <TD>(State or other Jurisdiction of Incorporation)</TD>
  <TD>&nbsp;</TD>
  <TD>(Commission File Number)</TD>
  <TD>&nbsp;</TD>
  <TD>(IRS Employer Identification No.)</TD>
 </TR>

</TABLE>
<TABLE style="font-size: 10pt; text-align: center" cellspacing="0"
cellpadding="0" width="100%" border="0">

 <TR>
  <TD width="49%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="49%">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD style="border-bottom: #000000 1px solid"><B>1440 Blake Street, Suite 310,
Denver, Colorado <BR>
</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>80202</B></TD>
 </TR>
 <TR valign="top">
  <TD>(Address of Principal Executive Offices)</TD>
  <TD>&nbsp;</TD>
  <TD>(Zip Code)</TD>
 </TR>

</TABLE>


<P style="font-size: 10pt" align="center">Registrant&#8217;s telephone number,
including area code: <B>(303) 893-1003</B>
<TABLE style="font-size: 10pt; text-align: center" cellspacing="0"
cellpadding="0" width="30%" border="0">

 <TR>
  <TD width="100%">&nbsp;</TD>
 </TR>
 <TR>
  <TD style="border-bottom: #000000 1px solid" nowrap><B>&nbsp;</B></TD>
 </TR>
 <TR>
  <TD nowrap>(Former name or former address if changed since last report.)</TD>
 </TR>

</TABLE>


<P style="font-size: 10pt" align="left">Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of
the registrant under any of the following provisions:

<P style="font-size: 10pt" align="left"><FONT face="Wingdings">o</FONT> Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)<BR>
<BR>
<FONT face="Wingdings">o</FONT> Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR>
<BR>
<FONT
face="Wingdings">o</FONT> Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR>
<BR>
<FONT
face="Wingdings">o</FONT> Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<BR>



<DIV
style="margin-top: 10pt; font-size: 1pt; width: 100%; border-bottom: black 1pt solid">&nbsp;</DIV>
<DIV
style="font-size: 1pt; width: 100%; border-bottom: black 2pt solid">&nbsp;</DIV>
</DIV>

<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">1
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV
style="margin-left: 0.25in; width: 7.2in; font-family: 'Times New Roman',Times,serif">

<P style="font-size: 10pt" align="center"><B>FORM 8-K<BR>
CURRENT
REPORT<BR>
Pursuant to Section&nbsp;13 or 15(d)<BR>
of the Securities Act of
1934</B>

<P style="font-size: 10pt" align="left">References in this document to
&#8220;us,&#8221; &#8220;we,&#8221; or &#8220;the Company&#8221; refer to
CAPTERRA FINANCIAL GROUP, INC. and its subsidiaries.

<P style="font-size: 10pt" align="left"><U><B>Item&nbsp;1.01 Entry into a
Material Definitive Agreement.</B></U>

<P style="font-size: 10pt" align="left">We have entered into a Subordinated
Term Note to borrow from BOCO INVESTMENTS, LLC up to $500,000 until
August&nbsp;24, 2009 at an interest rate of twelve percent per annum. This Note
is senior to all of our other obligations except our credit agreements with
Vectra Bank Colorado and United Western Bank. GDBA INVESTMENTS, LLLP and BOCO
INVESTMENTS, LLC. have each agreed to subordinate their respective other credit
agreements with us to this new note.

<P style="font-size: 10pt" align="left">We may, in our sole discretion, extend
the term of this Note until the close of business on February&nbsp;25, 2010.
However, it is a condition of this extension that we shall have first granted
BOCO INVESTMENTS, LLC a warrant to purchase One Hundred Twenty-Five Thousand
Dollars ($125,000) of our common shares at the closing bid price on
August&nbsp;24, 2009.

<P style="font-size: 10pt" align="left">In connection with the Subordinated
Term Note dated February&nbsp;25, 2009, we granted BOCO INVESTMENTS, LLC a
warrant to purchase 1,000,000 common shares at a purchase price of $0.25 per
share until February&nbsp;25, 2012.

<P style="font-size: 10pt" align="left"><U><B>Item&nbsp;2.03 Creation of a
Direct Financial Obligation.</B></U>

<P style="font-size: 10pt; text-indent: 2%" align="left">See Item&nbsp;1.01
above.

<P style="font-size: 10pt" align="left"><U><B>Item&nbsp;9.01 Exhibits.</B></U>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" cellpadding="0" width="100%"
border="0">
<!-- Begin Table Head -->

 <TR valign="bottom">
  <TD width="8%">&nbsp;</TD>
  <TD width="3%">&nbsp;</TD>
  <TD width="89%">&nbsp;</TD>
 </TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">Exhibit<BR>
Number </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left"><BR>
Description</TD>
 </TR>
 <TR style="font-size: 1px">
  <TD style="border-top: #000000 1px solid" valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">&nbsp;</DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD style="border-top: #000000 1px solid" valign="top"
align="left">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">4.1 </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">Warrant dated February&nbsp;25, 2009 for BOCO
INVESTMENTS, LLC.</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">10.37 </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">Senior Subordinated Note dated
February&nbsp;25, 2009</TD>
 </TR>
<!-- End Table Body -->

</TABLE>
</DIV>

<P style="font-size: 10pt" align="center"><B>SIGNATURES</B>

<P style="font-size: 10pt" align="left">Pursuant to the requirements of the
Securities Exchange Act of 1934, the Registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly authorized.

<P style="font-size: 10pt" align="left">Date: March&nbsp;3, 2009

<P style="margin-top: -11pt; font-size: 10pt; margin-left: 45%"
align="left"><B>Capterra Financial Group, Inc.</B>

<P style="font-size: 10pt; margin-left: 45%" align="left">By: <U>/s/ James W.
Creamer,
III&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
James
W. Creamer, III<BR>
Chief Executive Officer<BR>


<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">2
</DIV>
</BODY>
</HTML>
[{"type": "8-K", "sequence": "1", "filename": "c82000e8vk.htm", "description": "FORM 8-K", "secsgml_size_bytes": 8160}]
{"company-data": {"conformed-name": "CAPTERRA FINANCIAL GROUP, INC.", "cik": "0001233275", "assigned-sic": "6500", "irs-number": "200003432", "state-of-incorporation": "CO", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-50764", "film-number": "09652802"}, "business-address": {"street1": "700 SEVENTEENTH STREET, SUITE 1200", "city": "DENVER", "state": "CO", "zip": "80202", "phone": "303- 893-1003"}, "mail-address": {"street1": "700 SEVENTEENTH STREET, SUITE 1200", "city": "DENVER", "state": "CO", "zip": "80202"}, "former-company": [{"former-conformed-name": "ACROSS AMERICA REAL ESTATE CORP", "date-changed": "20050720"}, {"former-conformed-name": "ACROSS AMERICA REAL ESTATE DEVELOPMENT CORP", "date-changed": "20030515"}]}
Form 8-K
UNITED STATES
SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to
Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest
event reported): March 3, 2009
CAPTERRA FINANCIAL GROUP,
INC.
(Exact name of registrant as
specified in its charter)
Colorado
000-50764
20-0003432
(State or other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
1440 Blake Street, Suite 310,
Denver, Colorado
80202
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number,
including area code:
(303) 893-1003
(Former name or former address if changed since last report.)
Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of
the registrant under any of the following provisions:
o
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o
Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
FORM 8-K
CURRENT
REPORT
Pursuant to Section 13 or 15(d)
of the Securities Act of
1934
References in this document to
"us," "we," or "the Company" refer to
CAPTERRA FINANCIAL GROUP, INC. and its subsidiaries.
Item 1.01 Entry into a
Material Definitive Agreement.
We have entered into a Subordinated
Term Note to borrow from BOCO INVESTMENTS, LLC up to $500,000 until
August 24, 2009 at an interest rate of twelve percent per annum. This Note
is senior to all of our other obligations except our credit agreements with
Vectra Bank Colorado and United Western Bank. GDBA INVESTMENTS, LLLP and BOCO
INVESTMENTS, LLC. have each agreed to subordinate their respective other credit
agreements with us to this new note.
We may, in our sole discretion, extend
the term of this Note until the close of business on February 25, 2010.
However, it is a condition of this extension that we shall have first granted
BOCO INVESTMENTS, LLC a warrant to purchase One Hundred Twenty-Five Thousand
Dollars ($125,000) of our common shares at the closing bid price on
August 24, 2009.
In connection with the Subordinated
Term Note dated February 25, 2009, we granted BOCO INVESTMENTS, LLC a
warrant to purchase 1,000,000 common shares at a purchase price of $0.25 per
share until February 25, 2012.
Item 2.03 Creation of a
Direct Financial Obligation.
See Item 1.01
above.
Item 9.01 Exhibits.
Exhibit
Number
Description
4.1
Warrant dated February 25, 2009 for BOCO
INVESTMENTS, LLC.
10.37
Senior Subordinated Note dated
February 25, 2009
SIGNATURES
Pursuant to the requirements of the
Securities Exchange Act of 1934, the Registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly authorized.
Date: March 3, 2009
Capterra Financial Group, Inc.
By:
/s/ James W.
Creamer,
III
James
W. Creamer, III
Chief Executive Officer