Great
111 reviews
Honeycomb CreditHoneycomb Credit unlocks growth opportunities for small businesses to build vibrant, financially empowered communities. We connect small businesses looking for expansion loans with community members who want to invest local.
Honeycomb Credit (honeycombcredit.com) has 111 customer reviews on Consumer Courier, with an average rating of 4.4 out of 5.
Showing 91 reviews with 5 stars · Clear filters
Amanda
Posted
Honeycomb Credit made our first time fundraising easy and efficient. Our campaign manager Steph shared great insight each week and provided great advice on confirming investors and getting them to follow through!
Eric B.
Posted
As a small business and looking for capital to work with, the team @ Honeycomb Credit made this the easiest process from the beginning to the end. Not only did we hit or minimum, but was able to get even more from the investors. A very special "shoutout" to our campaign manager Jen as she was with us from the start to the end. A person with a great attitude and full of knowledge.
Timothy G.
Posted
Changes Wall St $ with local leadership Wonderful people, better profits
William M.
Posted
Helps empower small businesses. Creates a way to diversify investments with reasonable and stable returns that help local businesses
Michelle
Posted
I love the opportunity to support and invest in local companies whose goals and mission align with my own. Honeycomb does an amazing job making the process of creating, growing, and maintaining your own personal passion portfolio while helping worthy entrepreneurs achieve their own goals. I am coming up on 2 years of experience with multiple Honeycomb campaigns and am pleased with all aspects of this service.
mike
Posted
good company
Jason W.
Posted
Company that makes a difference
abadjoke
Posted
Honeycomb is a pretty good opportunity for businesses to get funding. As primarily an investor you get first lien position on the company's assets in the event of default. They have a liquidator available in these instances. Since your dealing with businesses, income tends to be based on sales which can be sporadic unless their a subscription type company. My only gripe would be that honeycomb collects monthly payments, yet distributes the payout quarterly. I think is the one area that could use some work and be transitioned over to monthly payouts. As for the companies being in default, nothing yet. A few people have requested extensions, which of course was granted, I do believe that penalty interest should apply, the only two choice that we are given is extend or liquidate. However I have been contact with Honeycomb and was informed that they intend to introduce penalties. Invested for a few years.
