Kickfurther

80302, Boulder, United States
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3.70
Based on 20 Reviews

5

65.00%

4

0.00%

3

5.00%

2

0.00%

1

30.00%
About Kickfurther

Superior working capital and growth funding build for product brands. Fund $20,000 - $5,000,000 worth of inventory on terms that work best for your natural cash flow cycle.

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Nick P
GB

INVESTORS SHOULD STAY AWAY INVESTORS SHOULD STAY AWAY If you're thinking about investing with Kickfurther, don't. While the co-ops seem to have a number of protections such as personal guarantees, UC filings, etc, in practice, none of these are ever used. Kickfurther instead hides behind co-ops failing to meet a vote of "no confidence" by the co-op lenders to take no action against any of the companies that have failed to payback lenders. On it's face, this seems democratic but Kickfurther doesn't take into account lenders abstaining from a vote and since most lenders aren't actively participating on the platform NO VOTE CAN EVER GET OVER 50%. What Kickfurther should do, is look at what percentage of people that voted on an action were in favor or against (aka how any other vote in politics, the boardroom, etc works).

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cs - customer
GB

Take a Swing on Kickfuther As a brand, Kickfuther has empowered up us to say YES to deals that would have otherwise put too much pressure on our cash position to move forward with. The byproduct of running Co-Ops on Kickfuther is COMMUNITY! It's been so cool funding deals with investors/backers who are also consumers. If you are a brand or a potential backer, I would like to encourage you to take a swing on Kickfuther!

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David Manshoory
GB

Great financing partners for high growth co's Kickfurther has been so incredible to work with. We interviewed so many different financing partners, and they came up at the top of the list after we checked off all of our boxes for what we're looking for in a partner. Plan to refer a lot of friends who could benefit with their financing solutions. Highly recommend them, you won't be disappointed.

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Aleina
GB

Kickfurther Exceeded My Expectations Kickfurther is a great platform for companies looking for financing, they go above and beyond to help your business! I worked with Matt Hughes, he is an amazing person to work with. He exceeded my expectations in every way. His level of commitment and professionalism is incredible.

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AA
GB

100% loss of funds if companies don't pay. First few investments were great; dump some cash, wait a few months, pocket the interest, rinse & repeat. Except when some Kickfurthers paid zero - nothing - and then the final payment date passes. Your investment cycle is broken, your cash in limbo for who knows how long (if you're even getting it back). There are mechanisms for Kickfurther to cancel co-ops and obtain merchandise (if the merchant responds). There are mechanisms to settle for lower repayments (if the investors agree). There are also many many many ways a company that took a loan from Kickfurther can effectively ignore them while still raking in sales. Kickfurther doesn't send debt collectors, file lawsuits, seize collateral. The burden falls onto you, the investor, to sit it out and plead for the company to repay.

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