RIA Radio

149 - The SMBX

March 15, 2021 RIA Radio
RIA Radio
149 - The SMBX
Show Notes

Small businesses seem to always face challenges with cash flow, and this past year has seen entrepreneurs constantly searching for ways to keep their businesses afloat. At the same time, community members have been searching for ways to support their favorite locally-owned small business. Enter The SMBX! Now small businesses can apply to release SEC-approved bonds directly to general public, allowing businesses to raise capital while allowing community members to invest in a business that is meaningful to them. Benjamin Stein of The SMBX talks us through the details of how investements of as little as $10 can make raise funds for a business, provide a return to investors, and make a positive impact on the entire community.