How Three Small Businesses in Jacksonville are Beating Inflation
There’s something big happening in Jacksonville - and it’s happening with small businesses! Check out these stories from Jacksonville small businesses that are growing with community investment and with foundation investment!
The not-so-secret boost for Jacksonville small businesses
Is that they can not only get investments from their customers, family and friends with Honeycomb, but they can also get large investments from foundations like Souls Grown Deep and the Jessie Ball Dupont Foundation, who are investing in certain small businesses in Jacksonville!
Regard Libations is taking the party on the road, growing their mobile bartending service with a new trailer! This woman- and LGBTQ+-owned small business provides a consistent and luxurious service for their clients, and they’ve already raised over $11,000 in investments from their community!
Cultural Kitchen and Catering
Cultural Kitchen and Catering is a fusion of Caribbean and German cultures in a delicious restaurant! Originally two separate food trucks, the owners Rovetkey and Annet came together and eventually opened a brick-and-mortar of their own. They raised $51,000 from 28 investors to upgrade their kitchen so they can better serve their loyal customers!
Peter Jackson, owner of Irie Diner, decided to fund the buildout of his new outdoor space with a Honeycomb campaign! This pan-Caribbean diner raised $66,045 from 37 investors, and soon its customers can enjoy its flavorful food outside in the Jacksonville, Florida air.
So how does a Honeycomb campaign beat inflation?
If you take out a loan from a bank, you might not know what you’re paying month-to-month because the interest rate will fluctuate based on the prime rate. Well, you will know that it’s going up and up, thanks to inflation.
Honeycomb’s interest rates are fixed, which means they won’t change throughout the course of your repayment. And, we don’t see a cent of it! All of your interest goes directly to the customers and community members who invest in your business.
Grow with these Jacksonville small businesses
Honeycomb has had campaigns in 27 states and counting now - is yours next? Fill out the form below to learn more!