Honeycomb Credit Reviews 107

TrustScore 3 out of 5

2.8

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Rated 1 out of 5 stars

Communication is non-existent, (and probably AI.) Have had 2 out of 10 fail within several months, so much for any profit. They need to do more diligence before offering a business for a loan. It's... See more

Rated 5 out of 5 stars

The entire process was seamless and the resources provided sets you up for success. They really value and understand the ambitious goals of small businesses and want to see them succeed. Listen to the... See more

Rated 5 out of 5 stars

My experience with HoneyComb was nothing less than perfect. I was skeptical at first thinking who is going to invest in my brand . Between the initial person handling my campaign, John to Steph who wa... See more

Rated 5 out of 5 stars

Honeycomb Credit is a wonderful company that helps small businesses grow. They truly care about their clients and offer rates that are lower than commercial banks. If you want to add/ replace equipme... See more

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Company details

  1. Financial Institution

Information provided by various external sources

Honeycomb Credit unlocks growth opportunities for small businesses to build vibrant, financially empowered communities. We connect small businesses looking for expansion loans with community members who want to invest local.


Contact info

2.8

Average

TrustScore 3 out of 5

107 reviews

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Replied to 11% of negative reviews

Typically replies within 1 week

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Rated 5 out of 5 stars

This team genuinely cares!

This team genuinely cares!! And on top of that they are just all-around great humans. They feel like friends who want to support you every step of the way. Incredibly knowledgeable, transparent, and results-driven. I highly recommend it.

22 May 2024
Unprompted review
Rated 5 out of 5 stars

Meant to Bee!

The entire process was seamless and the resources provided sets you up for success. They really value and understand the ambitious goals of small businesses and want to see them succeed. Listen to the campaign manager, take their advices, and follow instructions then you'll reap the success from there. Communication across the board was easy from start to finish.

5 January 2024
Unprompted review
Rated 5 out of 5 stars

TOP NOTCH!!

The people that I worked with on Honeycomb (John and Steph) were amazing. From that initial zoom meeting to guiding me through all the docs needed and getting ready to launch, I was always one phone call away or text from a real person who answered my questions and made me feel good about this big step in our small business. Highly recommend!

13 January 2024
Unprompted review
Rated 5 out of 5 stars

A great experience overall!

Solid platform with good design and ease of use. Our investors had no problem trusting Honeycomb. I was also surprised to see the brought a lot of their own investor network to the table with a good deal of our investors coming from their network. They delivered!

8 January 2024
Unprompted review
Rated 5 out of 5 stars

A Fantastic Company

Working with Honeycomb was fantastic. They were professional, organized, and very attentive to our needs. They provided a trustworthy way for our customers to invest in our business. I highly recommend them.

27 December 2023
Unprompted review
Rated 5 out of 5 stars

Excellent funding alternative for small businesses

I'm a small business owner that needed capital to open a retail shop. I knew a traditional bank loan would be tough given how new my business is, so I was considering an SBA loan plus doing a crowdfunding campaign on Kickstarter or GoFundMe. I had heard about Honeycomb Credit and decided to just find out more info and expand my funding alternatives. After much analysis I decided ultimately to work with Honeycomb because 1) the interest rate is about the same as an SBA loan; 2) they do the heavy lifting of running a crowdfunding campaign (they provide templates, language, guides, timeline, etc. for the entrepreneur to run a successful campaign); and 3) they have a strong track record of helping small businesses get funded. I'm very happy I went with HC, the paperwork was much quicker and easier than an SBA or traditional bank loan would require, the people I worked with were patient and answered all my questions, and the execution was efficient and I felt supported throughout the process. I achieved my maximum funding and had a lot of great feedback from customers and my community. There's obviously work on the part of the small business owner, but the platform and the staff made the work smooth and much easier than if I had gone with the likes of Kickstarter. Thanks a lot to Pierre and John D. for all your patience, help and encouragement!!

5 December 2023
Unprompted review
Rated 5 out of 5 stars

I was initially skeptical about trying…

I was initially skeptical about trying another crowdfunding campaign, since my first go round on another platform fell flat. However, Honeycomb Credit is the real deal! My Customer Experience Manager Pierre and his colleague Francisco gave me a fool proof plan that lead to my business being funded. This experience was so much better than working with banks. I highly recommend Honeycomb to any business that needs to raise capital. I will certainly use Honeycomb again for further business expansion.

30 November 2023
Unprompted review
Rated 5 out of 5 stars

Achieve Your Financial Goals w/ Honeycomb Credit

Our experience with Honeycomb Credit was a good one. They are an outstanding organization, ready to help business owners achieve their goals. They are dramatically different than institutional banks, they actually understand your needs. As a small business start-up we were faced with many challenges including financing. Honeycomb helped us to satisfy our needs and were there for us every step of the way. I strongly recommend Honeycomb Credit.

15 November 2023
Unprompted review
Rated 5 out of 5 stars

Honeycomb is the best!

Honeycomb is a Godsend and so vital for the growth small businesses everywhere. The process isn’t easy but if it was, everyone would do it. We are a honeycomb success and I’m so thankful to the honeycomb team for helping us get to this next level.

22 July 2023
Unprompted review
Rated 5 out of 5 stars

We’re a Honeycomb success!

We were fortunate enough to raise over $26,000 for our storefront renovation through Honeycomb.

The application process was quick and straightforward. But once your campaign goes live, there’s no time for downtime!

The process requires work—you need to reach out to people in your network, post on social media consistently, and promote your campaign. You’ll be pushed beyond what you thought your limitations were. But you get a good amount of support from their business operations and customer experience managers. We really owe a huge thank you to Annamarie and Steph for guiding us from beginning to end. Their dedication, optimism, and genuine support had a solid hand in our success.

I highly recommend Honeycomb for business owners who are willing to put in the work and make the most out of this opportunity. You get what you put in and it can be incredibly rewarding.

7 September 2023
Unprompted review
Rated 5 out of 5 stars

Great experience with Honeycomb

Our team had a great experience with the Honeycomb team. We raised $108,000 in 30 days! They were all very kind, did a lot of handholding, coaching, and were very patient and we felt that they were really in this with us. I would recommend them if you need to raise capital for your business. They make it super easy and they are really good people. Big shout out to Pierre and Jackie, but seriously, everyone involved were amazing to us.

1 September 2023
Unprompted review
Rated 5 out of 5 stars

What an awakening experience!

What an awakening experience! As an entrepreneur for the past 30 years, I have watched the political and information technology worlds collide to create opportunities for small businesses. The JOBS ACT, a bi-partisan effort to ignite startup business growth, is the perfect example. Under this legislation, Crowdfunding now offered businesses a unique alternative to traditional lending sources.
Traditionally, small business owners were always taught to seek funding through banks or family/friends personal loans. For so many of us entrepreneurs, we need the financial ability to take action when an opportunity to grow our businesses presents itself. Honeycomb Credit offers a unique opportunity for businesses to seek funding from the most important people who keep our businesses thriving, our Customers! Creating a local, circular economy, allows for your biggest fans to invest in businesses they love.
My personal experience with Honeycomb Credit has been nothing short of perfect! The process of vetting candidates for funding was organized, professional, and credible. Once I was interviewed to determine if this source of funding was relevant for my business, I was then forwarded to a business development representative. This stage became most important for me as I had in-depth questions and concerns regarding the public relations aspect of my offering. Honeycomb Credit worked closely with me to answer those questions and develop a marketing campaign to highlight the special aspects of my business.
The process for submitting financial information was so organized! As Honeycomb Credit is regulated by the SEC, every requirement was communicated to me. I simply had to upload required financial documents to a secure portal.
Once my information was submitted and the approval process was complete, it was time to move to launch preparation. Honeycomb Credit sent a videographer to prepare the marketing video that would be shared on the Honeycomb Credit website for potential investors to view. We worked together to prepare for the funding launch.
Once launched, Honeycomb Credit guided me on a weekly basis through questions or concerns I had. One thing I learned was that even investors are procrastinators! It’s important to stay in communication with those who expressed interest. Time flies by, especially during a Summer offering, when many people are on vacation.
Once the offering minim was met, the offering was funded! It only took about a week to finalize seamless closing procedure that I conveniently could do from my phone. The funds were available almost immediately to begin working on the projects I had prepared for.
I highly recommend Honeycomb Credit to businesses looking to grow! In addition, I plan to use this positive experience with my students in my entrepreneurship class as a real life experience and example of how to use unique alternatives to traditional finding methods. Thanks Honeycomb Credit!

4 August 2023
Unprompted review
Rated 5 out of 5 stars

Honeycomb helped me raise 25K

Honeycomb is a great platform to raise funds for your business and I highly recommend using them for your funding needs! My customer experience manager Pierre, made the process seamless.

4 August 2023
Unprompted review
Rated 1 out of 5 stars

This company not good

I invested with this company over two years ago and twice the owner failed to pay her lone. If they don't pay you don't get paid. I understand that, however when call,text or email Honeycomb to keep me updated on the progress, they never get back to me. It's as if they are ignoring me. It's quit frustrating since I invested $5000.00

23 July 2023
Unprompted review
Rated 5 out of 5 stars

Monday Coffee Co. on Honey!

Honeycomb Credit made our first time fundraising easy and efficient. Our campaign manager Steph shared great insight each week and provided great advice on confirming investors and getting them to follow through!

30 June 2023
Unprompted review
Rated 5 out of 5 stars

A very happy client.

As a small business and looking for capital to work with, the team @ Honeycomb Credit made this the easiest process from the beginning to the end. Not only did we hit or minimum, but was able to get even more from the investors.
A very special "shoutout" to our campaign manager Jen as she was with us from the start to the end. A person with a great attitude and full of knowledge.

12 June 2023
Unprompted review
Rated 5 out of 5 stars

Pittsburgh Investor

I love the opportunity to support and invest in local companies whose goals and mission align with my own. Honeycomb does an amazing job making the process of creating, growing, and maintaining your own personal passion portfolio while helping worthy entrepreneurs achieve their own goals. I am coming up on 2 years of experience with multiple Honeycomb campaigns and am pleased with all aspects of this service.

16 June 2022
Unprompted review

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