Honeycomb Credit, a FINRA-regulated funding portal that enables smaller firms to raise growth capital, has launched Apps for iOS and Google Play – thus serving both iPhone and Android Devices.
Honeycomb Credit enables small businesses to issue debt securities for growth capital. Recently, Honeycomb has expanded into other types of securities offerings. Under the Reg CF securities exemption, both non-Accredited and Accredited Investors can participate in these offerings.
The new Honeycomb Credit App is said to be designed to streamline the investment process. Investors may participate in an offering for as little as $100.
Debt repayments are tracked in real-time, while investments can be completed in just seconds using a credit card or bank account.
George Cook, CEO and co-founder of Honeycomb Credit, said it is all about making it easier for people to invest in businesses they believe in while helping them to thrive.
Honeycomb Credit reports over 18,000 investors who have invested $30 million into local businesses across the country. To date, more than $7.5 million has been repaid from over 400 small businesses.
