Main Street Initiative
The Main Street Initiative
In light of the recent state shutdown and pending impact of Coronavirus on small, brick and mortar businesses across the region, MainVest is committed to help small businesses weather the immediate and longer-term challenges to operations.
Starting today, MainVest is offering a $2,000 zero interest cash infusion to small businesses affected by the shutdown, in tandem with supplying a vehicle for businesses to receive local investment from their supporting communities.
When you start a capital raise of any amount on MainVest, we’ll immediately provide $2,000 in a capital infusion to assist with challenges over the next few weeks. You’ll also be set up to secure $10,000 to $100,000 in investment from your local community, to provide longer term relief as things progress.
Cost of capital: set by you to ensure terms work with your business plan, targeting 2-5% interest
Flexible repayment: pay when you’re ready and not a day before
Customer loyalty built in: your customers want you to succeed, and now they can provide you with funds without leaving the safety of social distancing
Investment, not donations: allow supporters to take an active role in your recovery without asking for a hand out and reward them once you’re back up and running
No personal guarantee: We believe that entrepreneurs shouldn’t have to risk their personal financial security when building a business with the support of their community.
To get started, tell us a little bit about your business and capital needs, and we will get you set up for a fundraising campaign.
The fine print:
The webpage constitutes an invitation to apply. Your receipt of this material does not mean you have been prequalified or pre-approved for any product or service offered through MainVest.com. This is not a commitment to lend; you must submit additional information for review and approval subject to MainVest.com’s Terms and Condition. MainVest, Inc. does not guarantee the approval of any loan or offering through the platform and approval is subject to qualification to conduct an offering.
MainVest, Inc. does not guarantee the success of any offering conducted through the platform.