Applications close Friday, Jan 26
Bolstr is a marketplace lending platform for small businesses, with a mission to also extend access to capital to minority-owned firms. With Bolstr, small businesses are able to access up to $500,000 for growth initiatives through an efficient technology enabled application and underwriting experience. Every loan is funded by individual accredited and institutional investors through an innovative revenue sharing loan structure where borrowers share a fixed percentage of revenue on a monthly basis until a predetermined multiple has been repaid. This structure correlates repayment to a borrowers cash flow profile, therefore lowering the probability of default during seasonal cycles. For investors, any growth in revenue results in attractive return upside as the duration of repayment becomes shorter. For more information, please visit bolstr.com.