Honeycomb Crowdfunded Relaunch Loan
Community-sourced loans to get your small business back to work
🚀 Soar into the new normal 🚀
Complement your PPP and EIDL applications with community funds
Reengage
Your customers will jump at the chance to support your business. Give them the opportunity to invest in your success and keep coming back for years!
Rethink
Reconfigure your business model for the new normal. Whether you’re expanding online or building new revenue streams, strengthen your customer reach with lasting buzz.
Refinance
Refinance old debt from growing and scaling your business, and reach cash flow freedom—so that you can work on your business, not in your business.
Reopen
Crowdfund the capital you need to restock your shelves, buy new equipment, or bring back your team of employees.
Take the leap, land in your future!
As we enter the new normal, many of your fellow entrepreneurs have found clever ways to continue serving our communities. How will you reinvent your business to match the needs of the new normal?
We'll let you into a secret: PPP and other regular loans can only take you so far—a crowdfunded small business loan is the best way to engage your community of friends, fans, and customers.
Set yourself up for sustained community support for years to come, and charge full speed ahead into the bright future of your small business.
Terms
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Raise $15,000 to $250,000
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Interest rate starting at 5%
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45 day payment-free + 3 month interest-only periods
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Ability to pause loan payments during an economic shutdown
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No pre-payment penalties
We provide you with:
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Access to Honeycomb's network of investors
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Early access to funds at minimum goal
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Custom advice from crowdfunding experts
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Compliant press release + marketing plan
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Automatic repayments to investors
Can you provide an example of how this works?
As an example, if Rudy’s Restaurant applied and met the criteria, Rudy and his team would be invited to create an investment crowdfunding campaign. Rudy hopes to raise $50,000 at 5% interest with a term length of 36 months.
What if I want to borrow more than $250,000?
We would be glad to learn more about your business and see if there is an opportunity to work together. Please complete the form below to schedule a call with one of our small business experts.
How quickly can I get the capital?
That depends on how long the campaign runs, and how quickly your business reaches its funding goal. Generally, we can have funds deposited within 30 days.
How is Honeycomb compensated?
We charge a posting fee of $250 when you launch your campaign and a 6.0%-8.0% success fee after you reach your funding goal.