-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, LvVk+oXBYdA0LA6DT2I/vgn8UxXTZhIEaP3E/KpUtJunDzInyUpBew8R+NR1+4kC lItE7bt+933VsuAu5UZjWQ== 0001418428-07-000003.txt : 20071115 0001418428-07-000003.hdr.sgml : 20071115 20071115123902 ACCESSION NUMBER: 0001418428-07-000003 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20071115 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Ariel Funding, LLC CENTRAL INDEX KEY: 0001418428 IRS NUMBER: 510399748 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-83360 FILM NUMBER: 071248612 BUSINESS ADDRESS: STREET 1: 5151 COLLINS AVE, # 1727 CITY: MIAMI BEACH STATE: FL ZIP: 33140 BUSINESS PHONE: 305-867-8484 MAIL ADDRESS: STREET 1: 5151 COLLINS AVE, # 1727 CITY: MIAMI BEACH STATE: FL ZIP: 33140 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Ariel Funding, LLC CENTRAL INDEX KEY: 0001418428 IRS NUMBER: 510399748 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 5151 COLLINS AVE, # 1727 CITY: MIAMI BEACH STATE: FL ZIP: 33140 BUSINESS PHONE: 305-867-8484 MAIL ADDRESS: STREET 1: 5151 COLLINS AVE, # 1727 CITY: MIAMI BEACH STATE: FL ZIP: 33140 SC 13D 1 qfc.txt QUAKER FABRIC CORP 13D OMB APPROVAL OMB Number: 3235-0145 Expires: February 28, 2009 Estimated average burden hours per response...14.5 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Security Exchange Act of 1934 (Amendment No. ___ ) QUAKER FABRIC CORP (Name of Issuer) Common Stock, $0.01 par value (Title of Class of Securities) 747 399 103 (CUSIP Number) Ariel Funding, LLC, 5151 Collins Ave, # 1727, Miami, Florida, 33140 (Tel.) (305) 867-8484 August 23, 2007 (Date of Event Which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of 240.13d-1(e),240.13d-1(f) or 240.13d-1(g), check the following box. Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent. The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). ________________________________________ 1 NAMES OF REPORTING PERSONS Ariel Funding, LLC 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) PF 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States , Delaware 7 NUMBER OF SOLE VOTING POWER 2,129,993 8 NUMBER OF SHARES BENEFICIALLY OWNED BY SHARED VOTING POWER NONE 9 EACH REPORTING PERSON SOLE DISPOSITIVE POWER 2,129,993 10 WITH SHARED DISPOSITIVE POWER NONE 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,129,993 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES N/A 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 12.61% 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN,00-limited liability company ________________________________________ SCHEDULE 13D INTRODUCTION This Schedule 13D, filed on behalf of Ariel Funding, LLC ("Ariel"), dated October 11, 2007, as statement (the "Statement"), relating to the common stock, par value $0.01 per share (the "Shares") of Quaker Fabric Corp (f/k/a QFAB.) (the "Company"). The Company has its principal executive offices at 941 Grinnell Street, Fall River, MA, 02721. Item 2. IDENTITY AND BACKGROUND The principal business of Ariel Funding, LLC is investment in securities, real estate and debt obligations. The address of the principal business is 5151 Collins Ave, # 1727, Miami, FL 33140 Robert Danial is the president of Ariel Funding, LLC. During the past five years, the Reporting Person have not and, to the best of their knowledge, no other person identified in response to this item 2 has, been (a) convicted in a criminal proceedings (excluding traffic violations or similar misdemeanors) or (b) a party to any civil proceedings of a judicial or administrative body of competent jurisdiction and as a result of which such person was or is a subject to judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal and state securities laws, or finding any violation with respect to such laws. Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION Ariel Funding, LLC acquired common stock using company funds. Item 4. Purpose of the Transaction The purpose of the acquisition of Quaker Fabric Corp is a long term investment. Item 5. INTEREST IN SECURITES OF THE ISSUER Ariel Funding, LLC owns 2,129,993 shares of Common Stock (approximately 12.61%) of the total number of shares of Common stock outstanding. Ariel has sole power to dispose or direct the disposition of all such 2,129,993 shares of Common Stock. Item 6 CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATINSHIP WITH RESPECT TO SECURITIES OF THE ISSUE None. Item 7 MATERIAL TO BE FILED AS EXHIBITS None After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: October 11, 2007 Ariel Funding, LLC By: /s/ Robert Danial Robert Danial Title: President -----END PRIVACY-ENHANCED MESSAGE-----