VestLo believes in the concept of investing locally. We believe friends, neighbors, customers, and fans can come together to invest in local businesses through equity based crowdfunding. Investing locally will benefit local communities and boost our local economy. Investors see the return on their investment in the form of monetary returns and through improvements in their local community, city, or state.
VestLo is a FinTech company that operates an Illinois investment based crowdfunding platform. VestLo provides access to investment opportunities previously not accessible to all Illinois residents. We make it easy for Illinois companies to raise funds by crowdfunding the investment needed directly from Illinois investors.
Individuals often think of Wall Street not Main Street when they hear the word invest. With the passage of the new Illinois Equity Intrastate Crowdfunding law, all residents of Illinois for the first time have an opportunity to invest in local startups and small businesses. The portal creates an efficient and transparent new avenue for startups and small businesses looking to raise capital. Until now, these private investment opportunities were only available to accredited investors.
Preferred equity enables a higher claim to assets and dividends than equity. Unlike equity, it traditionally does not include voting rights. In some cases, it is possible to convert preferred equtiy to common stock and for the issuer to repurchase them.
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