By now we've all heard of Kick Starter and Go fund Me as avenues to get funding for your small business, but what you may not of heard of Able. Able helps entrepreneurs grow their small business through a collaborative loan involving Backers, friends & family willing to help fund your loan.In the video below you will get insight on from a small business, Flat Track coffee, on how Able was able to help them.
How it works backers fund 25% of the loanCredit is a measure of belief. This is why they ask you to find three to five friends & family who believe in you to fund the first 25% of your loan. Able matches the other 75% of the loanBackers unlock the other 75% of capital from Able, and allow them to lend to you at lower rates than other lenders. Able manages the loan and repayment. Able then manages the loan and repayment on your behalf so you can focus on growing your business. Click here for more information.
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