• 2012 July 18

Company Description

Crowdfunding for small businesses.

Clovest is a crowdfunding platform designed to build strong local economies. We help businesses finance growth by borrowing money from friends, customers, and local communities in the form of a zero-interest loan. Loans can be used for a variety of purposes, range in size from $1k to $50k, and are repaid within 1 – 3 years. Funders of these loans not only have their contributions repaid on a quarterly basis, but also get a chance to earn rewards for their communities– unique events that are hosted by the business as a way to thank funders for their support! On Clovest, small businesses not only finance growth at a reasonable cost (view our fees), but also do so with the support of their local communities.