Preparing your

application

Luke of Blue Sparrow raised $10,400 to expand his food truck fleet

Thinking about applying?

To make sure a crowdfunded Honeycomb loan works for you and your potential investors, we'll ask for a few documents to conduct our due diligence:

About Your Business (2 years or however long you've been in business)

  • Balance sheet

  • Cash flow statement

  • Profit & loss statement

  • Tax returns

About Yourself

  • Personal financial statement (your personal assets and debts)

  • We will also ask for your permission to pull a credit report

Get funded in 3 easy steps

1

Share your plans with us

Tell us about your business & your future plans. See what you need to apply.

2

Craft your story

We'll work with you to craft your campaign and create a custom outreach strategy to your community.

3

Launch and get funded!

Get your money when you're funded! Work on your project & make monthly repayments to your biggest fans.

FAQ

How much can I borrow on Honeycomb?


You can borrow between $10,000 and $250,000. We offer fully amortizing loans ranging from 6-14% interest rate and term lengths of 24-60 months. Every nickel of principal and interest on your loan will go to your community investors!




How does Honeycomb make money?


We charge a $250 posting fee to launch your campaign and a 6-8% success fee if your campaign reaches its funding goal.




Can I pay my loan back early?


Absolutely! There are no prepayment penalties on Honeycomb loans.




What happens if I don't reach my funding goal?


If your campaign doesn't reach your minimum funding goal, the money invested will be returned back to the investors in full. 84% of campaigns on Honeycomb successfully reach their minimum funding goal.




What interest rates do you offer?


Our fully amortizing loans vary from 6-14% interest rate depending on the risk of the project and the health of the business.





Let's get started!

Answer a few quick questions and we'll reach out to you in less than 24 hours, we promise!

 

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Securities offered through Honeycomb Portal LLC or Honeycomb SMB LLC have not been recommended or approved by any federal or state securities commission or regulatory authority. Honeycomb does not provide any investment advice or recommendation, and does not provide any legal or tax advice with respect to any securities. All securities listed on this site are being offered by, and all information included on this site is the responsibility of, the applicable issuer of such securities. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. Securities sold under Title III are speculative, illiquid, and investors can lose all of their money.