The Work Index by Flexa

SMBX

SMBX is an online marketplace that connects small business owners with everyday investors who can purchase Small Business Bonds™ to help fund the businesses they love.

https://www.thesmbx.com/
4.5

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Description

SMBX is a marketplace connecting small businesses with everyday investors through Small Business Bonds™. It is designed to democratize small business finance, allowing businesses to raise capital directly from local residents and investors. These bonds function like loans, but instead of paying back a bank, businesses make monthly payments to their community investors, fostering stronger customer loyalty and keeping wealth within the neighborhood. SMBX offers a streamlined process for both investors and businesses, with a focus on transparency and ease of use.

SMBX aims to create a dynamic small business marketplace network that unlocks wealth for both entrepreneurs and the communities that invest in them. They are a team of financial engineers, bankers, and technologists passionate about empowering small businesses and democratizing access to capital. The company was founded in 2016, capitalizing on the SEC's enactment of Title III of the JOBS Act, which allows for easier investment in startups and small businesses. SMBX has raised millions of dollars for businesses across diverse industries, including restaurants, breweries, event planners, and trucking companies.

Flexibility

SMBX offers various opportunities for flexible work arrangements, including remote work options. While specific details are not provided in the job posting, the company’s website emphasizes its team of "recovering bankers, financial engineers, and technologists working around the clock to democratize small business finance." This suggests a company culture that values adaptability and flexibility to meet the needs of its employees.

Mission

SMBX is a financial technology platform that connects successful small business owners with everyday investors to unlock competitive rates and returns. Their mission is to democratize small business finance by building a dynamic marketplace network that unlocks wealth for business owners and the communities that invest in them. They believe that by providing a platform for small businesses to issue bonds directly to local residents and investors, they can create a more equitable and accessible financial system that benefits everyone.

Disruptor
Social impact led

Culture

SMBX promotes a culture that is community-focused and driven by a mission to democratize small business finance. They emphasize building relationships with both investors and business owners, fostering a sense of collaboration and shared success. The company's values center around transparency, accessibility, and innovation, creating a welcoming and supportive environment for employees who are passionate about making a positive impact.

DE&I

SMBX's approach to diversity, equity, and inclusion is rooted in their mission to empower local communities. Their commitment to fostering a diverse team is evident in their hiring practices and programs like the DC Rebuild Bond Program, which specifically targets minority-owned and women-owned businesses. This focus on inclusivity demonstrates their belief in the importance of diverse perspectives and equitable access to financial resources for all.

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