Infinity Federal Credit Union (FCU) has introduced a new service, an equity crowdfunding platform offered by GrowthFountain. Local entrepreneurs can now raise capital from customers, community members and GrowthFountain’s expansive investor network. These customers, turned owners, become micro brand ambassadors, helping spread the word about your products and services.
Equity crowdfunding is the practice of funding a venture by raising small amounts of money from a large number of people, which can add up to meaningful sums in the aggregate. Companies are allowed to raise $1 million per year under this avenue.
Equity crowdfunding came about after the 2012 passing of the JumpStart Our Business Startups Act, or JOBS Act, which encourages small business funding in the United States by reducing many securities regulations. Under SEC new rules effective May 16, 2016, the public can help finance start-up or small companies.
Is equity crowdfunding right for your business? Click here to learn more.
Infinity Federal Credit Union is not a registered broker/dealer, nor is it affiliated with GrowthFountain LLC, GrowthFountain Capital LLC, or the issuers of securities on this site. Neither Infinity nor its officers, directors, or employees make any warranty, express or implied, of any kind whatsoever related to the adequacy, accuracy, or completeness of any information on this site or the use of information on this site. Infinity does not give investment advice or recommendations for any investment offered on this platform and no communication, through this web site or otherwise, should be construed as such. Reg CF investments are highly speculative, illiquid and an individual should only invest an amount of money they can afford to lose.