Karen O
GBDishonest Dishonest, horrible business. They recently deleted their "cancelled co-ops" page, so you can't see how many (very, very many) co-ops have gone belly-up. They delete critical comments from their page and restrict negative commenters from ever leaving comments again. Worst of all, they do ABSOLUTELY NOTHING when a company fails. They send it to collections and forget about it. They don't sue the company or take any action to recover your money. Beware! Run far, far away from this shady business.
Michael Fox-Rabinovitz
GBSolid platform for individuals and small funds The platform has grown quite a bit since early days. Deal quality has improved tremendously, albeit volume is still rather low. The stricter underwriting standards are paying off. Reporting infrastructure is still not there, but the team is capable, and with that piece in place next year this will be an even more robust and useful investment opportunity.
Anna
KRGreat when it's good; terrible when it's bad. I've been investing with Kickfurther for several years. When co-ops are successful, it works well, and I would highly recommend it. Unfortunately, all too often co-ops fail, and it's then that I'm really disappointed with the KF process. When things go to collections, a tiny fraction - if anything - is ever recouped. Of course it's an investment, and there's a certain level of risk. However, I do not feel that KF does enough to support buyers when things go wrong. I have never heard of their legal team getting involved although co-ops often have a personal guarantee, and it seems like the case should be litigated. I've definitely made money through KF, but I've also lost more than I care to admit. Bottom line: proceed with caution.
Saltery
GBWe met Kickfurther representatives at Expo East We met Kickfurther representatives at the Expo East Gourmet Food Show about a month ago. We manufacture and sell high end sea salt with a variety of blends and infusions. We were able to receive funding at very reasonable terms for much needed inventory purchases for the holiday season. There consignment formula is a great way to grow your business compared to traditional bank and finance companies. The process goes very smoothly with a Kickfurther representative that helps to at each step. We are looking forward to working with Kickfurther on many more co-ops.
Used to be a believer
GBDon't do it I started investing with KF in 2019. I've had a net loss over that time period because deals keep going south and KF doesn't do anything to enforce payment. Some deals work out great. But in my experience as a whole, you are much better off finding something else.