Since he first announced his candidacy in 2015, Donald Trump has been promising to “make American great again.”
That’s a worthy mission — but here’s the thing:
Cutting taxes and reducing regulations for big corporations isn’t going to help our country get back on its feet, and neither is slapping tariffs on steel.
That’s because these policies only benefit “big business” — and “big business” is not what America was built upon.
Today, I’ll explain the main lever that actually drives the U.S. economy.
As you’ll see, if we can fix this one lever, not only will our country become great again...
But investors like you could put thousands of extra dollars in your pocket each month.
The Key to Moving Our Economy Forward
Many people assume our economy is moved forward by large corporations like Walmart, McDonalds, and Home Depot.
But the real engine for America’s growth takes place elsewhere:
Small businesses and start-ups.
According to the U.S. Small Business Administration, 64% of job growth comes from small businesses. These are the businesses creating the jobs (and salaries) that drive the U.S. economic engine!
Bottom line: to make America great again, we have to create more small businesses.
So today I’d like to introduce you to a company that’s helping us do exactly that.
As you’ll see, not only could this company help create jobs and growth…
But it could also put thousands of dollars in your pocket…
129 years in the Making
The company I’m referring to has been around for 129 years.
Back in 1889, a group of businessmen in Pennsylvania got together and created the first state-chartered community bank.
This bank, now known as Somerset Trust, was designed to cater to underserved communities in rural Pennsylvania.
Its clients weren’t the wealthy Wall Street elite…
They were hardworking, everyday Americans who lived in small towns and needed access to basic banking services like checking accounts, home loans — and most importantly, small business loans.
You see, unlike the high-tech start-ups we typically write about on Crowdability, most small businesses in America don’t get funding from Silicon Valley Venture Capitalists.
Instead, they rely on their friends & family, or more commonly, on business loans.
The thing is, over the last 40 years or so, these loans have become harder to come by...
More People, Less Banks
You see, when Somerset Trust first opened its doors in 1889, there were roughly 63 million people living in the United States, and more than 11,000 banks.
Today, however, we have a population of 320 million, and there’s less than 5,000 banks.
The reason for this disparity is simple:
In the early 2000s, there was a massive wave of consolidation in the banking sector.
Most small community banks were either bought out by one of the big boys like J.P. Morgan, or they had to shut down because they couldn’t compete.
But big banks aren’t built to cater to small businesses. For a big bank to grow and succeed, it needs to cater to multi-billion-dollar corporations. It needs to focus on making $100 million loans, not $10,000 loans like the smaller banks were designed to give.
With fewer community banks, fewer loans were available for small businesses — and without access to capital, many of these small companies went out of business.
In fact, according to a 2010 Gallup survey, for the first time in nearly 40, more businesses were closing their doors then opening them.
Somerset to the Rescue!
Thankfully, a handful of small community banks like Somerset managed to survive.
In fact, Somerset is still run by the same family who founded it 129 years ago.
I recently had lunch with a member of that family — his name is George Cook, and he’s the great-great-great grandson of Somerset’s founder.
And as he explained to me, he’s come up with a new solution to this crisis:
He’s founded a next-generation “community bank” called Honeycomb Credit.
Honeycomb Credit aims to do for the entire country what Somerset does for Pennsylvania:
It aims to provide small businesses with capital so they can expand, create new jobs, and help get America back on its feet again!
And now I’ll show you how you could help the company accomplish its mission — and earn double-digit yields at the same time.
How You Can Help
Unlike a traditional bank, Honeycomb doesn’t lend out its own money.
Instead, it pools capital together from a large group of individual investors like you.
And because Honeycomb has no physical branches — and thus, has much lower costs than a traditional bank — it can pass those savings along to small businesses and lenders.
That means businesses pay lower interest rates on their loans, and lenders like you can earn higher interest rates.
In fact, the average annual yield listed on the company’s website is roughly 11%.
In today’s low interest-rate environment, double-digit yields like that are tough to find!
Make America Great Again
Honeycomb has been live for just a few months now, but according to Mr. Cook, it’s already helped small businesses raise over $200,000.
Honeycomb is currently featuring three investments:
- Pittsburgh Honey — Raising $10,000 and paying out 12%
- Tall Pines Distillery — Raising $50,000 and paying out 9.75%
- Pittsburgh Pickle Company — Raising $50,000 and paying out 11.5%
Not only would backing these small businesses give you the chance to earn a double-digit yield...
But it would also let you contribute to the lifeblood of our country.
Simply put, you’d be helping to make America great again.
Happy investing.
Please note: Crowdability has no relationship with Honeycomb Credit, or with any of the platforms or companies we write about. Crowdability is an independent provider of education, information and research on start-ups and alternative investments.
Best Regards,
Founder
Crowdability.com
