Tagged: honeycomb credit

July 6, 2020 @ 8:58 pm By JD Alois  |  

Not too long ago, the Securities and Exchange Commission (SEC) concluded the comments phase of a proposal to update, and hopefully improve, rules pertaining to the exempt offering ecosystem. This includes Reg A+, Reg CF, and Reg D (506c), each a variant of online capital… Read More

June 30, 2020 @ 4:35 pm By JD Alois  |  

Usually, the coasts tend to provide unique tech services to the middle of the country. Today, Crowdfund Insider received a note that Pittsburgh-based Honeycomb Credit, a Reg CF funding portal, has completed its first securities offering for a business operating in San Francisco. Honeycomb Credit… Read More

June 12, 2020 @ 11:26 am By JD Alois  |  

Honeycomb Credit, a bank replacement platform that issues securities under Reg CF, says that many people do not associate Cleveland with healthy food but the loan platform currently lists five Northern Ohio businesses raising capital online. The five following Cleveland businesses are each seeking investment… Read More

May 13, 2020 @ 4:08 pm By JD Alois  |  

Pittsburg-based FINRA regulated funding portal Honeycomb Credit is currently running seven Cleveland based securities offerings. Honeycomb Credit is a Reg CF platform that seeks to provide a bank-replacement type service with loans to SMEs. Honeycomb reports that 3 of the investment offerings are regular loan… Read More

April 28, 2020 @ 12:28 pm By JD Alois  |  

Honeycomb Credit has announced a new financial product for SMEs called “Loyalty Bonds.” This new product is less a bond and more of a gift card as the offering enables small businesses to quickly raise cash today with the purchaser receiving a gift card worth… Read More

April 2, 2020 @ 2:14 pm By JD Alois  |  

Earlier this week the SEC Office of the Advocate for Small Business Capital Formation announced a series of  “virtual coffee breaks” to engage with the public to discuss updates, trends, and perspectives on how COVID-19 is impacting raising capital. The very first virtual gather is… Read More

March 18, 2020 @ 1:13 pm By Samantha Hurst  |  

Bank replacement platform Honeycomb Credit announced on Wednesday it is now offering loans to small businesses that are in need of working capital during the coronavirus pandemic. As of March 18th, there are 7,038 cases of the virus with 97 total deaths. According to Honeycomb… Read More

February 27, 2020 @ 4:30 pm By JD Alois  |  

Bank replacement platform Honeycomb Credit has distributed an update on platform progress during 2019. Based in Pittsburgh, Honeycomb Credit is a FINRA approved crowdfunding portal offering securities under Reg CF. Honeycomb typically matches investors with small businesses in need of debt capital somewhat similar to… Read More

December 16, 2019 @ 12:26 pm By JD Alois  |  

Honeycomb Credit, a FINRA regulated funding portal using the Reg CF securities exemption, has topped $ 1 million raised for smaller firms. According to a note from the company, Honeycomb Credit has held 31 successful campaigns receiving backing from over 1000 individual investors. Issuers have… Read More

November 5, 2019 @ 11:01 am By JD Alois  |  

HoneyComb Credit is an investment platform that provides access to capital via crowdfunded loans. HoneyComb is a FINRA regulated Funding Portal that utilizes Reg CF, a securities exemption that allows issuers to raise up to $1.07 million in a securities offering. HoneyComb seeks to help… Read More

March 26, 2019 @ 11:04 am By Erin Hobey  |  

Honeycomb Credit, a two year old Pittsburgh-based fintech platform, aims to enable growing businesses loans to be underwritten by its customers at reasonable rates and terms. Honeycomb Credit reportedly offers investors (customers of a certain business) an 8-14% return on their investment over a 36-60… Read More