Beard Balm LLC Has Successfully Funded Their Inventory Through a Kickfurther Crowd-Funding Campaign
Crowdfunding Based Inventory Financing Is Replacing Traditional Invoice Factoring Industry for Local Product Companies
DETROIT, MI–(Mar 24, 2016) – Kickfurther, a leading inventory and invoice financing crowd-funding platform that connects companies and backers seeking qualified short-term deal financing, is proud to announce it has successfully completed Beard Balm LLC inventory financing through its crowd-funding platform in just 1 minute. The company raised 38,549.22 USD through Kickfurther investors and is expected to payout a consignment profit of 9% over a projected offer term of 5 months.
In this Kickfurther campaign, Beard Balm funded their inventory for their all-natural products, from light leave-in conditioners, to styling aids that will keep your beard maintained. Their inventory includes the following products: Beard Balm, Naked, Heavy Duty Beard Balm and Heavy Duty Naked. The inventory will be shipped to Beard Balm in the name of their Kickfurther backers and the brand intends to provide a total payout of $42,018.65 USD.
Beard Balm allows any men to grow his beard with ease: the product is all-natural leave-in conditioner that nourishes and moisturizes ones’ beard with just a light hold. It stops dryness, split ends, tangles, and frizz, while bringing out the beard’s natural luster. For use after washing, or any time the beard needs to look better. This is Beard Balm first campaign with Kickfurther.
Click here to see the successful Beard Balm offering summary information.
Kickfurther is a leading inventory and invoice financing crowd-funding platform that connects companies with backers seeking qualified short-term deal financing. Our platform enables productive growth-oriented companies seeking capital to finance production to share their sales opportunities with backers interested to put their money to work in short term profit opportunities in the retail supply chain.
Businesses post offers by choosing the amount of inventory capital they need, the profit percentage backers will earn, and a projected timeline based on sales history. Since its 2015 launch, Kickfurther has funded more than $5.21 Million in 230 offers by more than 170 companies. Their backers have earned an average greater than 2% consignment profit per month on completed offers.
For additional information, please visit www.kickfurther.com.
About Beard Balm LLC
Beard Balm is a small manufacturing operation in Detroit that makes a Beard Balm — a leave-in conditioner that nourishes and moisturizes ones’ beard with just a light hold. Their product is made out of all-natural blends of high-quality ingredients, carefully sourced and expertly blended to create a most excellent product. Beard Balm take great care to be good to the earth, the community, their employees and their network of suppliers. The company is run by Jon Koller, PE., a licensed structural engineer in the state of Michigan and has been growing beards since he was 15 years old.
For more information about Beard Balm, please visit: www.beardbalm.us
PR & Media Contact:
Matt Bird, CEO
C: +1 (646) 401-4499