Honeycomb Reaches Milestone with $500K Repaid to Investors!
- George Cook
- Feb 23, 2021
- 2 min read
Updated: Apr 19, 2021
At Honeycomb Credit, we believe that investing in small businesses can offer a big impact and meaningful returns. Thanks to Honeycomb investors, we’ve deployed more than $3 million into small businesses in the past three years.
Furthermore, as our portfolio businesses have grown and begun repaying their loans, we’ve put more than $500,000 back into the pockets of our community of investors just like you!
Here’s a letter from our CEO and co-founder, George Cook about our latest milestone:
Dear Honeycomb community,
Our team started Honeycomb because we believe in building vibrant, financially empowered communities together.
At the core, it means that we believe that Main Street is worth investing in. We believe that small businesses make our communities shine.
We also believe that if given a fair shot, small businesses can be an attractive investment - with the potential for strong returns and an even stronger impact on the communities we love.
Since we’ve launched Honeycomb, we have deployed more than $3 million from thousands of investors into small businesses. Now, as those businesses pay those loans back, we’ve hit an important milestone at Honeycomb.
More than half a million dollars have been returned to Honeycomb investors!
Together, we are proving that small businesses are worth investing in and that we can build wealth not by just throwing money at Wall Street firms, but by investing in our own communities.
This pandemic has been challenging on all of us, but the support of the Honeycomb investors shines a light on the resiliency of small business entrepreneurs.
Thank you all for your support of small businesses, and I look forward to continuing to work with the entire Honeycomb community to continue to build vibrant, financially empowered communities.
Sincerely,
George Cook
Co-Founder & CEO, Honeycomb Credit
Grow your neighborhood and your wallet by crowdfunding with Honeycomb Credit
By investing in our neighbors, we can build vibrant, financially empowered communities together. Learn more about how you can get involved at www.honeycombcredit.com/invest
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