Groundfloor’s business model is similar to crowdfunding, except that instead of offering equity, Groundfloor acts as a lender to developers in need of short-term funding to complete renovation projects. Groundfloor puts these loans on its platform where investors can buy individual slices of the loan for as little as $10. Once the loan is paid off by the developer, Groundfloor issues distributions to its investors.
Number of Offerings–
Target Hold Period1 years
Target Cash Yield8.5%
Subscribe to Benzinga Alt Ratings
Benzinga is launching an alternative asset rating product. Enter your email above to receive emails on new ratings.
What is target cash yield?
Target Cash Yield is 8.5%.
What is the minimum investment amount?
Min. Investment is $10.