Equity crowdfunding could be a smart method of funding your company, nonetheless it does come with its drawbacks:
- Pretty much all equity crowdfunding platforms charge month-to-month charges or success charges whenever matched with investors and granted money
- Normally it takes a long time for you to get sufficient funding from investors
- You might be forced to offer up some ownership in business
This particular crowdfunding option involves people adding indylend loans smaller amounts of cash to a continuing company in substitution for some kind of reward. As a company owner you will definitely pitch your company on a platform and gain donations in substitution for benefits such as for instance a product that is handmade thank you card etc.