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House Passes Crowdfunding Bill: FAQ’s for Entrepreneurs

Scott Edward Walker

House of Representatives passed a crowdfunding bill that will allow startups to offer and sell securities via crowdfunding sites and social networking sites. As the term suggests, crowdfunding is funding from a crowd of people — that is, many people provide small amounts of money to finance something. What is Crowdfunding?

SEC 111
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19 Funding Resources for New and Existing Businesses

Up and Running

With LendingClub, loans are financed through investors. You need two years of business history, at least $75,000 in annual sales, and have a good personal credit score. From expansion plans to equipment needs, SnapCap can help you finance it. See Also Bplans Small Business Loan Finder. Here’s the fee structure.

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Crowdfunding Bill Stuck in the Senate

Scott Edward Walker

House of Representatives overwhelming passed the Entrepreneur Access to Capital Act , a crowdfunding bill which permits startups to offer and sell securities via crowdfunding sites like Kickstarter or social networking sites like Facebook.

SEC 91
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Is the House Crowdfunding Bill Being Killed in the Senate?

Scott Edward Walker

House of Representatives voted 407-17 to pass the “Entrepreneur Access to Capital Act,” a crowdfunding bill which permits startups to offer and sell securities via crowdfunding sites like Kickstarter or social networking sites like Facebook. What is Crowdfunding? May Startups Raise Funds via Crowdfunding?

SEC 65