Update: We are keeping this review up for historical purposes, but Bolstr is no longer active or is otherwise no longer accepting investments.
Update: Bolstr was acquired by Key Bank in June 2018. While they don’t offer equity investments, Chicago-based Bolstr does offer something more interesting (and more flexible for the borrower) than just a vanilla loan, which is a revenue share agreement with the borrower, who agrees to share a percentage of revenues (from 1-6%) until a specified multiple of the original investment is reached. Loans are also secured with both a personal guarantee from the borrower, and a security interest in the business itself.
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