Our co-op peer to peer investment campaign is already off to a great start, but the more of you who pitch in, the better our grand reopening at our new location is likely to go!
Brooklyn Co-op’s transition team is excited to announce a new way for you to support your favorite little neighborhood grocery and earn interest while you’re at it! Maybe you have a Roth IRA, or even a traditional IRA, sitting around tied up in index funds or something. Well, you can keep doing that, or you can shift a few of those dollars (and even potentially roll a few of them over into a new tax advantaged fund managed by our peer-to-peer lending host, Honeycomb), and still earn returns that even beat the market (13.75% !), while also helping your co-op grow and continue to serve you and your neighbors.
Honeycomb has helped us through all the SEC compliance rules to allow us to offer this to you, and they will handle all the loan servicing, too, while charging only a fixed fee, and only AFTER our offering is fully subscribed. So it’s a great way to finance our business, while keeping the lion’s share of the profits HERE in our community.
Our offering started September 13 and is available on Honeycomb through October 13, 2024. Please click here to learn more now!: https://invest.honeycombcredit.com/campaigns/Brooklyn-Grocery-Cooperative