In short, rewards based crowdfunding is a way of raising capital to start or expand an existing business through a large number of Funders contributing small amounts of capital in return for a product or a service.
The product or service is called the reward and will be provided once the campaign is successful.
Rolling Funder (RF) was started by people who know what it’s like to be on the other side of the table – the side which entails asking for money.
Have you ever walked out of a bank, shortly after being asked if you have money, in order to borrow money? How about not being able to look your uncle in the eye at a family gathering because you haven’t been able to repay his generous loan? Perhaps you took on a business partner in a time of desperation, only to regret the decision at a later stage.
We know that feeling!
But we also know what it feels like to reach a lifelong dream after receiving the funds to start a business thanks to a successful crowdfunding campaign.
What is rewards-based crowdfunding?
Rewards-based crowdfunding is a way of raising capital to start or expand an existing business through a large number of Funders contributing small amounts of capital in return for a product or a service. The product or service is called the reward and will be provided once the campaign is successful.
Any person or company that is
the beneficiary of a campaign hosted
on www.rollingfunder.co.za
A person or company that uses www.rollingfunder.co.za to purchase any product or service from a Roller.