Award from the Cincinnati USA Regional Chamber recognizes Klein for her founding and growth of popular crowdfunding platform SoMoLend.com
CINCINNATI—Candace Klein, Founder and CEO of SoMoLend (http://www.SoMoLend.com/), has won the WE Celebrate Award for Best New Product or Service of the Year from the Cincinnati USA Regional Chamber. SoMoLend is a leading debt-based crowdfunding platform designed to match small business borrowers with investors looking to make a return on investment.
“I am honored to receive this award. We’ve worked very hard at SoMoLend to provide a valuable service that will foster small business growth in communities across the country, and it is great to see our work recognized,” said Klein. “It’s wonderful to be in the company of so many amazing Cincinnati women business owners. In the last few years, this city has seen tremendous small business growth, and women entrepreneurs have been an instrumental part of that.”
WE Celebrate is an awards breakfast honoring women and women-owned businesses for their achievement, innovation, social responsibility, and mentoring. WE Celebrate provides women business owners the chance to come together with others who know what it’s like to honor the sacrifices and successes they have all been through. For more information about WE Celebrate, visit http://www.cincinnatichamber.com/WE/.
Also, SoMoLend announces the launch of their next SoMoLaunch Business Competition. Small businesses will be able to enter for a chance to win $1,000 towards funding their business. SoMoLaunch registration will be open through January 15. For more information or to enter, visit https://www.somolend.com/Launch.aspx.
SoMoLend is a debt-based crowdfunding platform that enables small businesses to obtain the money they need to launch and sustain their operations. SoMoLend’s software is designed to use the Web to match borrowers with lenders, connecting business borrowers with investors looking to make a return on investment. SoMoLend’s goal is to help U.S. business owners secure the funding they need at the lowest interest rates possible. In addition, small businesses that apply for a loan through the SoMoLend platform will pay no transaction fees now through December 31, 2012.
SoMoLend is a Web-based lending platform that uses patent-pending technology to connect small business borrowers with individual and organizational investors (lenders), executed within a hyper-localized geographic scope. SoMoLend’s user-friendly technology allows small business borrowers to obtain loans from friends, family, customers, community supporters and interested organizations, as well as from Facebook, Twitter and LinkedIn connections. For more information, visit http://SoMoLend.com/ or http://somolend.wordpress.com/.