FAQ

General

  • What is crowdfunding?
  • Is this like GoFundMe? Or Kickstarter?
  • What is the difference between debt and equity-based crowdfunding?
  • How many companies successfully raise money through investment-based crowdfunding?
  • What is the Illinois Equity Crowdfunding Exemption and what does it do?
  • Is investment-based crowdfunding only in Illinois?
  • Why aren't there more FAQs?

Investing Through VestLo

  • How does investing through VestLo work?
  • Are the investment opportunities presented on VestLo risky?
  • Are all equity crowdfunding offerings the same? Are all debt crowdfunding offerings the same?
  • Can anyone invest?
  • When/how do I verify that I am a resident of Illinois?
  • Is there a minimum or maximum amount I can invest?
  • What is an accredited investor?
  • Can I encourage other people to invest in offerings I like?
  • Are investment offerings pre-vetted before being listed? Do you recommend investments?
  • How do I know that a company and its team members/officers are who they claim to be?
  • How long is the investment period?
  • If I make and investment can I sell it to someone else?
  • If I invest in a company will the company get the money right away?
  • Can people see what deals I invest in?
  • Do I have to pay to use VestLo?
  • How do I contact the company if I have questions about an offering?
  • How are payments collected and remitted to investors?
  • How can I track the performance of my investments?

Raising Money Through VestLo

  • Why would I want to use crowdfunding?
  • How much can I raise through VestLo?
  • Is there a minimum amount I need to raise? Is there a deadline for raising money?
  • If people invest in my offering when will I get the money?
  • Can I raise more than my established maximum target amount?
  • What types of companies can raise money on VestLo?
  • Can any company that meets the basic requirements above raise money through VestLo?
  • Do you run background, criminal and credit checks?
  • How long does it take to raise money?
  • Can I set a minimum investment size per investor?
  • Can someone steal my idea?
  • I don't have a pitch video, do I need one?
  • Do I need a private placement memorandum (PPM) for my offering?
  • Do I need to market my offering?
  • Can the company share information about/links to its offering on social media?
  • Will doing an Illinois crowdfunding campaign make it harder for me to find funding later?
  • How do I get started raising money on VestLo? How does the whole process work?
  • How much does doing a crowdfunding offering through VestLo cost?

VestLo.com is a website operated by VESTLO, LLC, an Illinois limited liability company (“VestLo”). Neither VestLo, nor any of its agents or representatives, provide any investment advice or make any investment recommendations to any persons, ever, and no communication through this website or in any other medium should be construed as such. By accessing this website and any pages thereof, you agree to be bound by our Terms of Service and Privacy Policy.

Investment opportunities posted on this website are “private placements” of securities that are not publicly traded, are subject to holding period requirements, and are not intended for investors that need a liquid investment. Private placement investments are NOT bank deposits (and thus NOT insured by the FDIC or by any other federal governmental agency), are NOT guaranteed by VestLo, and MAY lose value. Neither the Securities and Exchange Commission (SEC) nor any federal or state securities commission or regulatory authority has recommended or approved any investment or the accuracy or completeness of any of the information or materials provided by or through the website. Investors must be able to afford the loss of their entire investment.

Any financial projections or returns shown on this website are illustrative examples only, and there can be no assurance that any valuations provided are accurate or in agreement with market or industry valuations. Additionally, please note that past performance is not indicative of future performance. Any investment information contained herein has been secured from sources VestLo believes are reliable, but we make no representations or warranties as to the accuracy of such information and accept no liability therefor. Offers to sell, or the solicitations of offers to buy, any security can only be made through official offering documents that contain important information about risks, fees and expenses.

Users of this website are responsible for doing your own due diligence before making a decision to invest and are not permitted to, and should not, rely on the financial assumptions or estimates displayed on this website. Further, users of this website are strongly advised to consult their own counsel, accountant, investment advisor or manager, and/or business advisor, as to the legal, tax, and related matters concerning any potential investment opportunities presented on this website.

Unless otherwise specifically identified on this website with respect to a particular offering the securities listed on this Site may only be purchased by residents of the State of Illinois and only individuals who have their primary residence in the state of Illinois, and entities who are formed and qualified to do business in Illinois, will be permitted to access offering information with respect to, and will be permitted to participate in, the offerings listed on the website. Without limiting the generality of the forgoing, Unless otherwise specifically identified on this website with respect to a particular offering the securities listed on this Site, THE OFFERING MATERIALS PROVIDED ON THE SITE WITH RESPECT TO ANY OFFERING ARE NOT INTENDED TO, AND DO NOT, CONSTITUTE AN OFFER OR SOLICITATION TO ANYONE WHO IS NOT A RESIDENT OF THE STATE OF ILLINOIS.