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Crowdfunding Platforms — Competitor or Partner?

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April 22, 2013

By Bob Coleman
Editor, Coleman Report

CrowdsourcingWith the conflicting reports out there that small business lending is up.. no wait down…there is one undisputed fact.

Crowdfunding is up significantly.

Crowdfunding allows anyone to become a bank, and lend a small amount, even $25, to a small business.

Crowdfunding is expected to lend $5 billion this year, that’s equivalent to the SBA 504 loan program this year.

And be aware of the new term “equity crowdfunding.” Still in its infancy, $116 million, these platforms will allow anyone to play in the venture capital sandbox.

Does anyone have a case study where you’ve partnered with a crowd funding platform?

Tell us more on Coleman’s Small Business Linkedin Group

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