Platform Status
Active
Focus
Target Investment
Retail Investor
Minimum Investment
$10
Fees - Investor Cost
0
Open to
Non Accredited Investors
Entrepreneur Cost
3.5% service fee closed round
Investing Portal Details
SMBX, LLC, which is a funding portal registered with the Financial Industry Regulatory Authority (FINRA) focused on debt and lending for small businesses.
Due Diligence
SMBX analyzes the financial history to review the profitability. They employ an underwriting team to do this qualification process. They have a set criteria for risk they are willing to take which takes into account how much financing is required, cash flows, management background, potential, and more.