Honeycomb Crowdfunded Small Business Relief Loan

Product

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.

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.
 

Loan Options

Option 1

  • Borrow $10,000-$50,000+ in working capital
  • 45 day payment-free period
  • 3.75% interest rate over an initial 6-month interest-only payment period 
  • 5% interest rate over a 3-year fully amortizing loan after the interest-only period
  • No pre-payment penalties


Option 2

  • Borrow $10,000-$25,000 in working capital
  • 45 day payment-free period
  • 3.75% interest rate over an initial 6-month interest-only payment period
  • 7.5% interest rate over a 3-year fully amortizing loan after the interest only period
  • No pre-payment penalties


Option 3

Not sure if you qualify for the first two options, or want to borrow more than $50,000? Visit our website and we'd be happy to see how we can help out!

To find out more information about eligibility, visit our website.

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Have questions?

Send us an email at info@export-connect.org