Honeycomb Crowdfunded Small Business Relief Loan
Community-sourced loans for small businesses impacted by the coronavirus (COVID-19)
Keep your business strong with the community at your side.
For the past few weeks, the coronavirus (COVID-19) has caused massive disruption to our communities, the stock market, and our daily lives. We know that small businesses like yours are facing unprecedented uncertainty. We also know that there are hundreds of people in your community and the Honeycomb network that want to support you.
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To help deliver the working capital that businesses need, Honeycomb is offering 45-day payment free periods, 6-month interest-only periods and reducing our posting, success, and investor fees. We're also streamlining our due diligence to connect businesses with local investors as quickly as possible. As always, these loans are community funded via the Honeycomb crowdfunding platform.
Honeycomb Crowdfunded Small Business Relief Loans
Option 1
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Borrow $10,000-$50,000+ in working capital
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45 day payment-free period
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3.75% interest rate over an initial 6-month interest-only payment period
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5% interest rate over a 3-year fully amortizing loan after the interest-only period
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No pre-payment penalties
Option 2
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Borrow $10,000-$25,000 in working capital
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45 day payment-free period
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3.75% interest rate over an initial 6-month interest-only payment period
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7.5% interest rate over a 3-year fully amortizing loan after the interest only period
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No pre-payment penalties
Option 3
Not sure if you qualify for the first two options, or want to borrow more than $50,000? Fill out the form below and we'd be happy to see how we can help out!
​Notes: ​​
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Small businesses anywhere in the United States can apply, with the exception of South Dakota and Alabama.
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Businesses must complete an application, which must pass Honeycomb's due diligence process, to take part in either relief loan option
FAQs
Watch our webinar to learn more
In this video, we introduce how our investment crowdfunding model works, our Relief Loan program for impacted small businesses, and where we may fit into your COVID-19 cash flow strategy.
Guaranteed response in less than 24 hours.