What is SparkMarket?
SparkMarket is a new software tool that allows dreamers and doers to borrow capital from your network in your community on your terms.
RAISE CAPITAL FROM YOUR BUSINESS’ WEBSITE WITH SIMPLE, EASY TO USE PLUG-INS.
SparkMarket’s deal room seamlessly integrates into your website, social media page or email newsletter. When an investor clicks the link, our process guides them through the simple steps needed to complete an investment in your local business.
“SPARK” YOUR DEAL BY SETTING KEY MILESTONES & LET YOUR INVESTORS SHARE IN YOUR SUCCESS.
Incentivize your investors to help you increase your revenue, gain more customers or hit a new sales goal. By advocating for your success and championing your business, your investors get a bonus if you achieve your goal.
RAISE MONEY FROM YOUR LOCAL NETWORK ON YOUR OWN TERMS.
Local borrowers – your neighbors, your customers, your mentors – believe in your business and want the chance to earn a better return than they can get at their local bank. With SparkMarket, you can tap into their pocketbooks and set you own favorable terms.
Ignite a Spark
Banks are notorious for being risk averse and not supporting local entrepreneurs. They’ll even require you to sign over your home or other personal assets to secure a business loan. Cut the middle man and fund your dream by accessing local investors on your own terms .
Forget Wall Street
Advertise to everyday investors without paying a Wall Street premium. Now, with our limited time offer, you can reach everyday investors for $99 – a far cry from the approximate $1M it used to cost to “go public."
Use our easy to use plug-in to launch your Campaign in just a few minutes. Don’t send traffic to third-party websites - keep ‘em on your business’ site. Our white-labeled solution allows you to host your campaign on your own terms and on your own turf.
The SparkMarket Loan
- Borrow up to $1 million
- Set your own interest rate
- 6-36 month terms
- Investors from your state can invest up to $10,000 per deal *Currently only available in Georgia and Tennessee.
- “Spark” your loan – Establish a key business milestone & incentivize your investors if they help you achieve it.
Georgia or Tennessee Corporations or Limited Liability Companies can use our process to access local finance from investors in your state.
- Your primary operations and assets must be located in your state.
- The majority of funds raised must be spent on operations in your state.
- Check out our Business Eligibility FAQ’s for more information.