The detail
Reward-based funding sits outside securities law precisely because nothing financial is promised in return. That is why there is no accreditation check, no broker and no offering document.
If you want to invest in small businesses for a financial return, that happens on regulated equity or lending platforms, not here.
Read the full guide
A plain explanation for backers: what a pledge is, what you get, what the business gets, and what you are not buying.
An honest comparison of how small businesses fund a project — bank loans, SBA loans, grants, investors and community crowdfunding — and when each one makes sense.
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Not on a reward-based platform like Pledzy. You owe backers the reward you promised, not repayment of the money.
Refunds are worked out directly between the backer and the business. Pledzy does not hold pledges in escrow.