SMBX Receives FINRA License to Launch the World’s First Small Business Bond™ Marketplace

Today SMBX (The Small & Medium Business Exchange) announced that we received our FINRA membership license to operate our Small Business Bond™ marketplace, as a JOBS Act Regulation Crowdfunding portal. This marks an important first step towards our goal of transforming our financial system by creating the world’s first small business capital marketplace –starting with our first and most important asset class, the Small Business Bond™.

To date, there are 47 other FINRA licensed RegCF portals, the majority of whom operate platforms designed to allow startups to raise equity capital from the crowd (aka “equity crowdfunding”). At the SMBX we believe that the real opportunity of the JOBS Act is not just for “startups” raising “equity capital” from a “crowd”, but rather: 

1.   For small businesses that pay interest rates that are too high due to the regulatory fees that get smuggled into bank loans. By contrast the Small Business Bond™ is an affordable debt-based financing tool.

2.   And for people who are tired of funding their banks. After all, when banks give out loans to small businesses, they’re taking our money, our bank deposits, and lending it to these small businesses. The banks then keep the profits for themselves. These are profits earned off of our money. These are profits we should keep. By investing in Small Business Bonds™ issued under the JOBS Act, now we can.

The vision of the SMBX is a new era marketplace connecting small-and-medium businesses that want debt-based financing with people who want to lend them money. So instead of banks making money on our unused money, we can all now make money on our unused money by lending directly to small businesses in the form of Small Business Bonds™.

This creates a win-win financial system: it’s a win for small businesses who want affordable debt-based financing, and it’s a win for retail investors who want to support local businesses and earn a good return at the same time.

We believe that in the near future small businesses will no longer be taking out loans from a bank, but instead will be issuing Small Business Bonds™ on the SMBX. And that people would rather invest in a diversified portfolio of Small Business Bonds™ issued by small businesses they know and love instead of funding their banks. 

The SMBX launches our iPhone mobile App this summer 2019, hosting our first Small Business Bond™ offerings. To sign up for early access, please visit our website and register at www.thesmbx.com.

We believe that people want power over their money.

We believe that people want to invest in local businesses instead of funding their banks.

We believe that the future of finance is our marketplace.

So come join us!

Come join the new financial system we’re building!

Stop funding your Bank. Be One.

Ben Lozano, CEO

* The information contained in this personal post is provided for informational purposes only to convey the opinion of the writer, and should not be construed as legal advice on any subject matter.