Ever wished you could invest in your favorite local restaurant, studio, or food truck? A new program from the DC Mayor’s Office and TheSMBX is making that possible. sponsored
, the financial marketplace that connects qualified small business owners with everyday investors, and DC Mayor Muriel Bowser and the Deputy Mayor’s Office of Planning and Economic Development . The program’s goal is to drive $5 million in investment into the District’s small businesses by giving residents the opportunity to invest in them.
Nearly 200 investors are now receiving monthly principal and interest payments from Maketto’s Small Business Bonds. They’re truly invested in the success of the restaurant where they can see their money working in the community. An investor who purchased $1,000 of Maketto’s Bonds at 7.5% interest over 60 months, will earn $1,202.28 over the term of the investment.*
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