SMBX
The future of finance is local. Through SMBX, eligible small businesses can apply to issue Small Business Bonds™ directly to residents and investors. A Bond is like a loan, but instead of borrowing funds from a bank, a small business borrows from their community.
Contact Information
General Information
Peter Barden | Vice President of Communications & Public Affairs | (917) 763-7352 | peterbarden@thesmbx.com
Products & Services
Products & Interest Rates
- Secured term loans:
8.5% to 11.5% - Unsecured term loans:
8.5% to 11.5%
Loans Offered
- Small business microloans:
- $5,001 – $50k
- Small business loans:
- $50,001 – $150k
- $150,001 – $250k
- greater than $250,001
Eligibility & Requirements
General Requirements †
- Personal Credit Score:
Lending isn’t based off personal credit scores - Business Credit Score:
N/A - Personal Guarantee:
No - Collateral:
N/A - Number of Months Financial Statements:
6 to 30 months - Years in Operation:
6 months - Annual Revenue:
6 months of revenue generation - Other:
Owners and other essential business partners of 20% of greater must pass a background check
Ineligible Loan Uses ‡
- Insufficient operating history
- Criminal charges
- Non-compliant financials
† Note: These are generally required
‡ Items, industries, and/or purposes that are not eligible for financing
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