SAY HELLO TO GROWTHBOND

Today, we’re announcing the launch of GrowthBond to fund small e-commerce minded business worldwide. Small business represents 99% of all business in the world, they create around 85% of private employment and is the ultimate key to ensure economic growth, innovation and stability. However, small companies have been let down by a decaying and outmoded banking industry despite trillion of tax dollars in bailouts

GrowthBond is riding a wave of innovation in financial technology to provide a different solution to serve small businesses in a way that tackle their three main challenges: 1) access to capital, 2) access to skills and 3) administrative burdens. We seek to create an online business environment and finance solution for the new digital economy that can be rolled out anywhere. We will make it easy and completely paperless to apply for funding, make hiring/firing of skills as easy as buying books online, and automate all business financials, receipts and bookkeeping into a single system.

We do it by simplifying and focusing on funding SME’s facebook marketing campaigns as a way for SME’s to grow their business. Facebook and google is reign over digital marketing with a clear-cut duopoly, but it enables SME’s to reach more than 2B customers worldwide, if they can actually manage the risky business of online marketing.

This is where GrowthBond comes in. If a SME is not already doing facebook marketing, we offer a marketplace of facebook experts to setup their marketing growth strategy. We track the performance of our facebook marketing specialists and pay-out loans gradually to the advertising budget and the marketing expert.

Small businesses can apply for funding by connecting their facebook advertising and payment account that allow us to evaluate existing marketing performance, revenue and monitor that the campaigns remain positive for the funding to be gradually disbursed.

The repayment is done instantly from the payment gateway where a percentage of the revenue is being used to pay back the loan and pay GrowthBond a commission. The ultimate goal is to automate the entire financial flow of funding, tracking expenses, and repayment delivered directly into your favorite bookkeeping system.