Small companies will soon have a new option to obtain financing through crowdfunding, but there are some cautions to consider.
The so-called crowdfunding term essentially means pooling resources or money together from a group. Under the Jumpstart Our Business Startups Act, or JOBS Act, small companies will have the ability to raise up to $1 million in equity on an annual basis through crowdfunding, without having to go through the rigorous disclosure process by the Securities and Exchange Commission.
To read the full, original article click on this link: 4 Crowdfunding Cautions for Small Businesses - TheStreet
