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For an in-depth explanation about this program and further resources as a Berkeley small business, we invite you to view our recorded webinar presentation here.

The Small Business Rebuild Bond Program

In Support of Small Businesses in Berkeley

Who can participate?

Small businesses that are immediately seeking up to $100,000 in low-interest loans. They will be able to issue short-term Bonds to their community.


Qualifications

  1. At least 2 years of operating history
  2. Raising a minimum of $25K, maximum $100K
  3. 2 years of consistent or growing revenue (positive net income)
  4. Must earn at least $100,000 in revenue within the last year to qualify

What is it?

SMBX is announcing a loan program for Bay Area businesses that allows them to raise up to $100,000* from their local community within a few weeks for no cost.

*If you would like to raise more than $100K, please contact us to hear more about our regular Small Business Bond program.


How long will it take?

Turnaround for funds to be distributed for your small business will take 5 to 6 weeks.

If you are a small business

Click here to see if you qualify

Terms

1. For $0 cost, raise $100K* or less by issuing bonds on the SMBX.

2. Interest rates at or below SBA loans with no private lending fees.

*If you would like to raise more than $100K, please contact us to hear more about our regular Small Business Bond program.

How it works

The SMBX marketplace connects small businesses with investors, which allows you to bypass the bank and sell bonds directly to the general public. This reduces your borrowing costs and provides you the opportunity to raise capital and gain customers at the same time.


1.     Your community invests in your business and will earn consistent returns that would normally go to a bank.

2.     By investing, your community can help you raise funds to cover short term losses while lowering your long term costs by reducing your interest rate.

3.     The money stays within your local community, benefiting residents and small business owners.

Click here to see if you qualify

PREPARE

Complete the qualification form below and chat with us about your business and funding needs. 


We’ll review your eligibility and will complete and submit all the necessary documents to governing bodies. 


All you have to do is review and sign.


MARKET

We use online and offline tools to market your bond offering to the right investors, which will gain you new customers in the process.

CLOSE

At the successful close of your offering, confirm the outcome and direct us where to transfer your funds. You receive your capital and your new investors receive their bonds.

 

  • You make monthly payments, just like a fixed term loan.

  • We distribute those payments to your investor pool.

  • Investors earn principal and interest monthly, just like a bank.

Find out if you qualify

Qualifications

  1. At least 2 years of operating history
  2. Raising a minimum of $25K, maximum $100K
  3. 2 years of consistent or growing revenue (positive net income)
  4. Must earn at least $100,000 in revenue within the last year to qualify