Business Agent is crowdfunding for expansion capital and has launched a campaign with Angels Den. It is looking to raise between £200,000 and £750,000 to improve the data available to users, increase its broker and sales team, embed relationships with providers and develop exit opportunities for investors.
its ambitions were brought closer today as it received backing from Malcolm Burne, CEO of Europe’s oldest established secondary market platform for dealing private shares.
Burne’s expertise of securities markets and knowledge of unlocking unlisted share dealing should provide Business Agent with some useful expertise as it looks to create a secondary market for crowd funders and lenders.
Businessagent.com launched in 2014 to provide entrepreneurs with a ‘one stop shop’ where they could learn about alternative finance and connect with investors seeking small company investment opportunities.
The site now claims to attract over 50,000 visitors, 160 loan inquiries each month and lists over 90 per cent of the UK crowdfunding and lending providers.
CEO and founder of the company Sacha Bright said: “The alternative finance market continues to grow quickly and as it matures it is becoming more sophisticated. However, an exit route for investors will be a key development for this market and businessagent.com is committed to developing it. With investment capital and Malcolm’s involvement, we are a significant step closer to providing that exit.”
The Business Agent campaign is open to the crowd for investment with a minimum investment of £1,006. The campaign will be open until the end of December 2016.