Kickfurther is a unique platform that connects businesses seeking inventory funding with individuals looking for investment opportunities. But how does it work? Is it right for you? In this comprehensive Kickfurther Review, we’ll delve into the platform’s mechanics, benefits, risks, and more to help you make an informed decision.
What is Kickfurther?
Kickfurther is a crowdfunding platform that operates in the realm of inventory financing. Unlike traditional crowdfunding platforms where individuals support creative projects or startups, Kickfurther focuses solely on providing businesses with the capital they need to purchase inventory.
Here’s how it works:
- Businesses apply for funding: Companies seeking to fund their inventory can apply on Kickfurther’s platform. They outline their funding needs, offer terms to investors, and showcase their products.
- Investors browse and choose: Individuals looking for investment opportunities can browse through various businesses and offers. They can review the company’s profile, products, funding requirements, and the proposed return on investment.
- Funding is provided: Once an investor decides to back a business, they contribute a specific amount towards the inventory purchase. The collective contributions from multiple investors help businesses meet their funding goals.
- Businesses sell inventory: With the secured funding, businesses purchase and sell their inventory. As products are sold, investors receive a predetermined percentage of each sale as a return on their investment.
Essentially, Kickfurther acts as the bridge between businesses needing inventory capital and investors seeking unique investment opportunities with potential for attractive returns.
How Kickfurther Works for Businesses
Kickfurther presents a compelling alternative to traditional financing options for businesses. Here’s a closer look at the process:
- Create a Business Profile: Businesses start by creating a detailed profile showcasing their brand, products, and overall business model. This profile acts as a pitch to potential investors, highlighting the company’s strengths and growth potential.
- Submit a Funding Offer: The core of a Kickfurther campaign lies in the funding offer. Businesses specify the amount they need, the return they’re offering investors (annualized and paid per sale), and the payment schedule.
- Engage with Investors: Transparency is key. Businesses are encouraged to actively engage with potential investors on the platform, answering questions, addressing concerns, and fostering trust.
- Receive Funding: Once the funding goal is reached, businesses receive the capital and can proceed with purchasing the required inventory.
- Sell Inventory & Pay Back Investors: As products are sold, businesses adhere to the agreed-upon payment schedule, distributing a portion of each sale to their investors until the initial investment is repaid, along with the agreed-upon return.
How Kickfurther Works for Investors
For individuals seeking alternative investment avenues, Kickfurther offers a way to participate in the growth of promising businesses. Here’s how it works:
- Browse Businesses & Offers: Investors can explore a curated selection of businesses seeking funding across various industries. They can filter by industry, return rates, investment amounts, and other criteria to find businesses that align with their interests and risk tolerance.
- Review Offers & Conduct Due Diligence: Before committing, investors can thoroughly review each offer, including the business profile, product details, funding terms, and projected returns.
- Invest in Businesses You Believe In: Once an investor identifies a promising opportunity, they can choose their investment amount and contribute to the funding pool.
- Track Your Investments & Earn Returns: Investors can monitor the progress of their investments through their Kickfurther dashboard. As the business sells its inventory, investors receive payments based on the agreed-upon terms.
Benefits of Using Kickfurther
Kickfurther offers distinct advantages for both businesses and investors:
For Businesses:
- Alternative Financing: Kickfurther provides an alternative to traditional bank loans or venture capital, especially beneficial for businesses that might not qualify for conventional funding.
- Inventory Focus: The platform caters specifically to inventory financing, allowing businesses to access capital tied directly to their sales cycle.
- Flexible Terms: Businesses have the flexibility to set their own funding terms, including return rates and payment schedules, allowing them to structure deals that align with their financial capabilities.
- Marketing & Exposure: The platform can serve as a marketing channel, exposing businesses to a broader audience of potential customers and investors.
For Investors:
- Unique Investment Opportunity: Kickfurther offers a distinct way to diversify portfolios beyond traditional stocks or bonds, allowing individuals to invest directly in businesses and products they believe in.
- Potentially Attractive Returns: Compared to traditional fixed-income investments, Kickfurther offers the potential for higher returns, although it’s crucial to note that returns are not guaranteed and depend on the success of the business.
- Supporting Small Businesses: Investing through Kickfurther allows individuals to directly support the growth of small and medium-sized businesses, contributing to job creation and economic development.
- Transparency & Control: Investors have access to detailed information about the businesses they invest in, allowing them to make informed decisions. They can also track the performance of their investments in real time.
Risks and Considerations
While Kickfurther presents compelling opportunities, it’s essential to acknowledge the inherent risks involved:
- Business Failure: As with any investment, there’s a risk that the business might not perform as expected, potentially leading to partial or complete loss of the investment.
- Liquidity Risk: Investments on Kickfurther are not as liquid as traditional stocks or bonds. It might take time to recoup the investment, and early withdrawal options might not be available or might come with penalties.
- Default Risk: While Kickfurther vets businesses, there’s always a risk that a business might default on its payment obligations to investors.
- Platform Fees: Kickfurther charges fees to both businesses and investors, which can impact overall returns.
Who Should Consider Kickfurther
Kickfurther is not a one-size-fits-all solution. It’s crucial to carefully assess your individual circumstances, risk tolerance, and investment goals.
Kickfurther might be a good fit for:
- Businesses: Struggling to secure traditional financing, seeking flexible funding options, and comfortable with offering returns to investors.
- Investors: Looking for alternative investment avenues, comfortable with risk, and interested in supporting small businesses.
Kickfurther Review: Final Thoughts
Kickfurther offers a unique and innovative approach to inventory financing, connecting businesses with investors seeking potentially lucrative opportunities. However, it’s crucial to approach it with a balanced perspective, understanding both the potential benefits and inherent risks.
Thorough research and due diligence are paramount. Businesses should carefully evaluate their financing needs and ensure they can meet their obligations to investors. Investors, on the other hand, should conduct their own research on businesses, understand the terms of each offer, and invest only what they can afford to lose.
Kickfurther website homepage overview
FAQ
1. What is the minimum investment amount on Kickfurther?
The minimum investment amount can vary depending on the specific offer, but it’s generally relatively low, allowing investors to participate with smaller sums.
2. How are returns calculated and paid out?
Returns are calculated as a percentage of each sale made by the business. The specific percentage and payment schedule are outlined in the funding offer.
3. What happens if a business defaults on its payments?
Kickfurther has a collections process in place to help recoup funds for investors in case of a business default. However, it’s not guaranteed that all funds will be recovered.
4. Can I withdraw my investment early?
Early withdrawal options might be limited or come with penalties. It’s essential to review the terms of each offer before investing.
5. How do I contact Kickfurther customer support?
Kickfurther provides customer support channels for both businesses and investors, typically accessible through their website.
Kickfurther Review: Need More Information?
- Explore the Kickfurther Website: Visit the official Kickfurther website to access detailed information about the platform, browse current offers, and review their FAQ section.
- Read Independent Reviews: Search for independent reviews and testimonials from other users to gain diverse perspectives on their experiences with Kickfurther.
- Consult with a Financial Advisor: Before making any investment decisions, it’s advisable to consult with a qualified financial advisor who can provide personalized guidance based on your individual financial situation and goals.
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