BOSTON--(BUSINESS WIRE)--Fundopolis, the equity crowdfunding company focused on Main Street, today announced a new initiative to support entrepreneurs across the nation tap into alternative investment markets to help their small businesses maintain operations during the Coronavirus pandemic and pay their employees. The Company is cutting the fees associated with capital raises in half to help small business owners crowdfund loans from their customers, community members, family, and thousands of Fundopolis investors.
Fundopolis is currently offering small business owners the following terms:
- A 50 percent reduction in Fundopolis fees;
- Zero upfront fees, including a 50 percent reduction in escrow setup fees which will be payable at the close of the raise rather than the beginning; and
- Businesses have the ability to create a debt offering between $10,000 - $50,000 that is both interest-free and payment-free for the first year.
A large portion of the US’ 30 million small businesses are seeing revenues drop as people comply with their state’s COVID-19 quarantine and containment practices. With Fundopolis, small businesses can raise money to help them through this crisis by rallying their biggest supporters to crowdfund a loan with favorable terms that get them through this period. The platform saves businesses time and money by simplifying the process of raising capital through equity crowdfunding (Reg CF). Businesses can set their own terms and utilize the portal to communicate important updates.
“If there ever was a moment that we, as a community, need to step up to make sure that our shared future looks bright, this is the time,” said Jan Steenbrugge, founder and president of Fundopolis. “We at Fundopolis are doing as much as we can, but we are just one company. The crowd, however, is a force to be reckoned with. Let’s unleash all the good it can bring!”
Small business owners looking to raise capital or people interested in reviewing Fundopolis’ current issuers can visit https://www.fundopolis.com/.
About Fundopolis
Fundopolis empowers individuals and communities to invest in and support the small businesses they love. By placing intuitive technology and services in the hands of business owners, Fundopolis helps to fund their growth and manage the full funding lifecycle, all while cultivating deeper relationships with their customers. To learn more visit https://www.fundopolis.com/
