Honeycomb Credit allows local businesses to borrow expansion loans from their own loyal customers.

Basic Information

Founded by George Cook, Honeycomb Credit unlocks growth opportunities for small businesses to build vibrant, financially empowered communities. It operates in Pennsylvania, New York, Michigan and Ohio. Businesses can borrow up to $100,000 for expansion purposes and community members can start investing for as little as $100. HoneyComb Credit has completed 31 successful campaigns with more than 1,000 individual investments since it launched in December 2017. In July 2019, the young FINRA regulated investment platform reported that it was expanding its loan crowdfunding model to help small businesses refinance pricey credit card debt or high cost loans. See more

Legal Name

:

Honeycomb Credit Inc.

Headquarters

:

Pittsburgh, Pennsylvania, United States

Founding Date

:

2017

No. of Employees

:

11 to 20

Core Team

:
1.

George Cook

Co-Founder & CEO

2.

Christian Bilger

Chief Operating Officer

3.

Ken Martin

Co-Founder

Funding

Total Funding

$1.2M

Investors

:

1.

Ed Engler

2.

Innovation Works