We use cookies to improve your experience on this site. By viewing our pages, you give us consent to use cookies. Find out more.

Alternative Finance Sites


  • Available:

    £4,255,000
  • Committed:

    £4,467,290
  • Number of Pitches:

    14
  • Market Share:

    20%
  • EIS Pitches:

    14
  • SEIS Pitches:

    14
  • Facebook Likes:

    3,296
  • Twitter Followers:

    TBC

About


Having founded, and worked for several entrepreneurial businesses, we understand how difficult it can be to raise money to start and grow a small business. The task of securing investment is a notoriously perplexing and sometimes sluggish process that can be a struggle at the best of times. In today’s economic climate this has become even more challenging.

We want to give entrepreneurs the opportunity to take control of raising funding from their own network of friends, family, customers and strangers.

We also want to give people the opportunity to become an armchair Dragon and build their own investment portfolio supporting exciting new British businesses. Crowdcube is authorised and regulated by the Financial Conduct Authority (No. 572026).

How do they charge?


1. Entrepreneur listing fees

Membership fee: FREE

Pitch listing fee: FREE
 

2. Fees Incurred Upon Reaching Target

Success fee: 5% of total funds processed (exc. VAT)

 

For the purposes of execution, a fee of £2,500 is charged upon completion (it is not payable if the pitch does not fund) broken down as follows:

 

- £1,250 (exc. VAT) covers company secretarial services such as the adoption of new Articles of Association. Where othe law firm Ashfords is used by a company, this fee is transferred to Ashfords for their basic service.  If a company uses another law firm, the fee remains payable to Crowdcube due to the support required by the law firm.

 

- £1250 (exc. VAT) covers administering the completion process, preparing and issuing Share Certificates and dealing with EIS filing via our third party sub-contractor. This model of charging means we only charge Entrepreneurs if they are successful in raising their funding through Crowdcube.


 

3. Payment Processing Fees

The Payment Processing Fees will be dependent upon the chosen payment provider(s) and are charged by the provider directly to the entrepreneur when the raised monies are transferred. 

GoCardless: 0.5% of the funds processed

Stripe: 2.4% of the funds processed + 20p per transaction

 

If a company has a complicated legal structure which might include bespoke Articles and a Shareholder Agreement, a fee of £250 (exc. VAT) applies to cover initial company checks and due diligence.  This does not apply to companies with standard Articles of Association.

 


Our mini-bond product enables more established brands to borrow expansion capital from their customers, stakeholders and our growing investor community It's a very simple idea - you decide the annual fixed interest rate, typically between 6-8%, and the duration of the bond - usually up to 5 years. You get the growth finance you need whilst rewarding investors for their support with regular interest payments throughout the duration of the bond and their initial investment back as a lump sum at the end

Equity Crowdfunding


coming soon

Crowdcube on social media:


pitches from Crowdcube


0 comments

Log in to comment

We reserve the right to remove comments which are inappropriate and/or offensive.

Comments are not the opinion of businessagent.com

  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

  • The Guardian
  • Financial Times
  • Yahoo! Finance
  • The Times
  • The Daily Telegraph