Re-post. Original via TriplePundit.com
When Congress passed the Jumpstart Our Business Startups Act in April 2012, the finance and small business communities were both excited and befuddled. Title III established approval of crowd-sourced securities—allowing crowd-funding web portals like Kickstarter to issue equity loans or revenue-sharing agreements from individual investors.
But since then, the SEC has dragged its feet with follow-up regulations for crowd-sourced equity funding; meanwhile, small businesses have been searching for urgent solutions to their funding needs. There’s been much chatter about small businesses driving our economic recovery, yet finding best-fit financing remains a remarkable challenge for entrepreneurs in our credit-restricted economy. Continue reading

