Honeycomb Credit

Honeycomb Credit is a loan crowdfunding platform that connects small local businesses—like cafes, breweries, and bakeries—with investors in their community. Instead of asking a bank for a loan, these businesses borrow from their neighbors and customers. Investors earn interest on their loan, typically ranging from 5% to 14% interest rates.

The platform empowers everyday people to support the local economy while earning a return. The loans are fully amortizing, meaning investors receive principal and interest repayments monthly or quarterly. It is a legitimate Reg CF platform that transforms the concept of "buying local" into "investing local," suitable for both accredited and non-accredited investors.

Frequently Asked Questions

1. specific minimum investment?

You can start investing in local businesses with as little as $100.

2. Is my investment guaranteed?

No, small business lending carries risk; if the business fails, you may lose your principal.

3. specific fees for investors?

Honeycomb charges an investment fee (usually 2.85% capped at a certain amount) on top of your investment.

4. How do I get paid?

Repayments are deposited quarterly directly into your linked bank account.

5. specific type of businesses?

Offerings are typically brick-and-mortar businesses like restaurants, gyms, and retail shops.