Smallknot Investments

by charlie on June 15, 2012

This is an interesting concept and one that many believe might become the future of lending for small business.  I definitely appreciate the idea of supporting local business that I frequent and want to see local businesses survive in our community.  This seems like a win win way to see that happen.  What do you think?

Smallknot lets you invest in the small businesses in your community in exchange for goods, services, special perks and benefits. We work exclusively with local businesses that are looking to expand and grow but need a little extra capital to get there. Maybe your favorite coffee shop wants to build a new back patio, or your favorite pizza place needs a new oven. For a lot of local businesses, even very successful ones, projects like these get put on hold or never happen because of a lack of access to capital. Banks don’t lend to the smallest businesses in your neighborhood, and credit cards are costly and expensive. With Smallknot, you can help fund a project in your neighborhood and get back real value paid back in kind and at a premium.

The team, Jay Lee,Ben RossenJason Punzalan,Anthony Bovasso, is based in Brooklyn

Read more here.

{ 0 comments… add one now }

Leave a Comment

Previous post:

Next post: