Tagged: george cook

June 18, 2024 @ 5:55 pm By JD Alois  |  

Honeycomb Credit, a top FINRA regulated Funding Portal, has raised $6 million in Seed + funding, according to a note from the platform. Honeycomb Credit is a bank replacement platform that provides loans to smaller businesses. The company leverages the Reg CF securities exemption, which… Read More

March 19, 2024 @ 12:34 pm By JD Alois  |  

  Honeycomb Credit has emerged as a top platform enabling firms to raise money online utilizing the Regulation Crowdfunding (Reg CF) securities exemption. Based in Pittsburgh, Pennsylvania, in the past couple of years, the FINRA-regulated Funding Portal has expanded its services across the country. As… Read More

December 4, 2023 @ 1:26 pm By JD Alois  |  

The SEC Small Business Capital Formation Advisory Committee (SBCFAC) returned to meet this past week with the definition of an Accredited Investor at the top of the list for discussion. The SBCFAC provides guidance to the Commission on issues that impact smaller firms, which frequently… Read More

August 24, 2023 @ 6:33 pm By JD Alois  |  

Bank replacement platform Honeycomb has emerged as a top FINRA-regulated funding portal in regard to the number of Reg CF filings hitting the Securities and Exchange Commission. While this is not a deep dive into funding activity for the industry, HoneyComb has entered the mix… Read More

April 7, 2022 @ 3:32 pm By JD Alois  |  

Honeycomb Credit, a regulated funding portal providing SMEs access to debt capital, has announced a new partnership with Sustainible IO – a firm aiming to improve the likelihood of business success. According to Honeycomb, the two companies will offer capital readiness assessments to Main St…. Read More

May 13, 2020 @ 4:08 pm By JD Alois  |  

Pittsburg-based FINRA regulated funding portal Honeycomb Credit is currently running seven Cleveland based securities offerings. Honeycomb Credit is a Reg CF platform that seeks to provide a bank-replacement type service with loans to SMEs. Honeycomb reports that 3 of the investment offerings are regular loan… Read More

April 28, 2020 @ 12:28 pm By JD Alois  |  

Honeycomb Credit has announced a new financial product for SMEs called “Loyalty Bonds.” This new product is less a bond and more of a gift card as the offering enables small businesses to quickly raise cash today with the purchaser receiving a gift card worth… Read More

April 13, 2020 @ 3:38 pm By JD Alois  |  

George Cook, the CEO of Honeycomb Credit, is a sixth-generation community banker who started a loan crowdfunding portal to support main street small businesses. A FINRA regulated funding portal, Honeycomb is a debt only seeing an opportunity to supplant bank lending or competing Fintechs that… Read More

February 27, 2020 @ 4:30 pm By JD Alois  |  

Bank replacement platform Honeycomb Credit has distributed an update on platform progress during 2019. Based in Pittsburgh, Honeycomb Credit is a FINRA approved crowdfunding portal offering securities under Reg CF. Honeycomb typically matches investors with small businesses in need of debt capital somewhat similar to… Read More

December 16, 2019 @ 12:26 pm By JD Alois  |  

Honeycomb Credit, a FINRA regulated funding portal using the Reg CF securities exemption, has topped $ 1 million raised for smaller firms. According to a note from the company, Honeycomb Credit has held 31 successful campaigns receiving backing from over 1000 individual investors. Issuers have… Read More

July 18, 2019 @ 11:47 am By JD Alois  |  

Sure, banks do not like to provide small business loans. Too much work, too much risk and no money in it for them. A plethora of online credit providers has moved in to fill the gap. Supply meets demand. But sometimes fast finance from an… Read More

March 26, 2019 @ 11:04 am By Erin Hobey  |  

Honeycomb Credit, a two year old Pittsburgh-based fintech platform, aims to enable growing businesses loans to be underwritten by its customers at reasonable rates and terms. Honeycomb Credit reportedly offers investors (customers of a certain business) an 8-14% return on their investment over a 36-60… Read More