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Scott Weir Manager, ATB LendR - Brazeau County · Introducing ATB LendR • First of its kind in...

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1 Crowdfinancing Scott Weir Manager, ATB LendR
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Page 1: Scott Weir Manager, ATB LendR - Brazeau County · Introducing ATB LendR • First of its kind in Canada • Lift-Loan Model • First 10%: Family and friends • Next 40%: LendRs

1 Crowdfinancing

Scott Weir

Manager, ATB LendR

Page 2: Scott Weir Manager, ATB LendR - Brazeau County · Introducing ATB LendR • First of its kind in Canada • Lift-Loan Model • First 10%: Family and friends • Next 40%: LendRs

Agenda

• Crowdfunding: What is it?

• ATB BoostR

• Crowdlending: What is it?

• ATB LendR

• Questions

2 Crowdfinancing

Page 3: Scott Weir Manager, ATB LendR - Brazeau County · Introducing ATB LendR • First of its kind in Canada • Lift-Loan Model • First 10%: Family and friends • Next 40%: LendRs

What is Crowdfunding?

3 Crowdfinancing

Page 4: Scott Weir Manager, ATB LendR - Brazeau County · Introducing ATB LendR • First of its kind in Canada • Lift-Loan Model • First 10%: Family and friends • Next 40%: LendRs

Let’s look at a real campaign!

4 Crowdfinancing

Page 5: Scott Weir Manager, ATB LendR - Brazeau County · Introducing ATB LendR • First of its kind in Canada • Lift-Loan Model • First 10%: Family and friends • Next 40%: LendRs

It isn’t JUST about the money

5 Crowdfinancing

• Great way to promote your business

• Powerful pitch events

• Market test your idea

• Great support from advisors

• Easy sign up

Page 6: Scott Weir Manager, ATB LendR - Brazeau County · Introducing ATB LendR • First of its kind in Canada • Lift-Loan Model • First 10%: Family and friends • Next 40%: LendRs

6 Crowdfinancing

What’s ATB

BoostR?

https://www.youtube.com/watch?v=GlFBNiDKb0Q

Page 7: Scott Weir Manager, ATB LendR - Brazeau County · Introducing ATB LendR • First of its kind in Canada • Lift-Loan Model • First 10%: Family and friends • Next 40%: LendRs

7 Crowdfinancing

What’s critical to success with Crowdfunding?

Page 8: Scott Weir Manager, ATB LendR - Brazeau County · Introducing ATB LendR • First of its kind in Canada • Lift-Loan Model • First 10%: Family and friends • Next 40%: LendRs

8 Crowdfinancing

Can you market well?

Page 9: Scott Weir Manager, ATB LendR - Brazeau County · Introducing ATB LendR • First of its kind in Canada • Lift-Loan Model • First 10%: Family and friends • Next 40%: LendRs

9 Crowdfinancing

Do you have a community to engage?

Page 10: Scott Weir Manager, ATB LendR - Brazeau County · Introducing ATB LendR • First of its kind in Canada • Lift-Loan Model • First 10%: Family and friends • Next 40%: LendRs

Cool Products/Services to Pre-sell?

10 Crowdfinancing

Page 11: Scott Weir Manager, ATB LendR - Brazeau County · Introducing ATB LendR • First of its kind in Canada • Lift-Loan Model • First 10%: Family and friends • Next 40%: LendRs

11 Crowdfinancing

Do you have a video?

Video = trust + credibility

• Show don’t tell

• Hook them right away

• Get to the point fast – why should they care?

• Humour + music goes a long way

Campaigns with a video raise 239% more $ than those without a video

Page 12: Scott Weir Manager, ATB LendR - Brazeau County · Introducing ATB LendR • First of its kind in Canada • Lift-Loan Model • First 10%: Family and friends • Next 40%: LendRs

Why does the crowd boost a campaign?

1. They love you (inner circle)

2. They trust you & think you have credibility (snowball/network effect)

3. They want your rewards

4. They have an emotional or passionate tie to what you’re doing

5. Quirky/fun factor

12 Crowdfinancing

Page 13: Scott Weir Manager, ATB LendR - Brazeau County · Introducing ATB LendR • First of its kind in Canada • Lift-Loan Model • First 10%: Family and friends • Next 40%: LendRs

So what is BoostR really all about?

13 Crowdfinancing

Page 14: Scott Weir Manager, ATB LendR - Brazeau County · Introducing ATB LendR • First of its kind in Canada • Lift-Loan Model • First 10%: Family and friends • Next 40%: LendRs

14 Crowdfinancing

Promote your business

Page 15: Scott Weir Manager, ATB LendR - Brazeau County · Introducing ATB LendR • First of its kind in Canada • Lift-Loan Model • First 10%: Family and friends • Next 40%: LendRs

15 Crowdfinancing

Serious exposure

Page 16: Scott Weir Manager, ATB LendR - Brazeau County · Introducing ATB LendR • First of its kind in Canada • Lift-Loan Model • First 10%: Family and friends • Next 40%: LendRs

16 Crowdfinancing

Building your audience

Page 17: Scott Weir Manager, ATB LendR - Brazeau County · Introducing ATB LendR • First of its kind in Canada • Lift-Loan Model • First 10%: Family and friends • Next 40%: LendRs

What is Crowdlending?

17 Crowdfinancing

The crowd gives the business a loan

in exchange for interest over time

• Promotes the business

• Builds the audience

• Easier access to needed funds

Page 18: Scott Weir Manager, ATB LendR - Brazeau County · Introducing ATB LendR • First of its kind in Canada • Lift-Loan Model • First 10%: Family and friends • Next 40%: LendRs

ATB LendRAlberta’s first Crowdlending Platform

Page 19: Scott Weir Manager, ATB LendR - Brazeau County · Introducing ATB LendR • First of its kind in Canada • Lift-Loan Model • First 10%: Family and friends • Next 40%: LendRs

Introducing ATB LendR

• First of its kind in Canada

• Lift-Loan Model

• First 10%: Family and friends

• Next 40%: LendRs through the online platform

• Remaining 50%: ATB

• Loans of $5000-$100000, 12-24 month terms

19 Crowdfinancing

Private Campaign,

10

Public Campaign, 40

ATB, 50

Page 20: Scott Weir Manager, ATB LendR - Brazeau County · Introducing ATB LendR • First of its kind in Canada • Lift-Loan Model • First 10%: Family and friends • Next 40%: LendRs

Benefits to Borrowers

• Easy to Apply

• LendRs invested in your success

• Builds community

• Great advertising

• No equity

• Don’t need to have an interesting

product or service

20 Crowdfinancing

Page 21: Scott Weir Manager, ATB LendR - Brazeau County · Introducing ATB LendR • First of its kind in Canada • Lift-Loan Model • First 10%: Family and friends • Next 40%: LendRs

21 Crowdfinancing

Buttercream Clothing

• Successful, Calgary-based, ethical women’s clothing

• Qualified for traditional finance, but wanted to use LendR as well

• Promotion was primary draw

• Access to some unrestricted funds secondary

• $25,000 loan, 24 month term

Page 22: Scott Weir Manager, ATB LendR - Brazeau County · Introducing ATB LendR • First of its kind in Canada • Lift-Loan Model • First 10%: Family and friends • Next 40%: LendRs

22 Crowdfinancing

Beep

• Vehicle Service App

• Tech company: has few assets

• Found traditional lending difficult to qualify for

• Exposure and adoption of their app was key

• $30,000, 12 month term

Page 23: Scott Weir Manager, ATB LendR - Brazeau County · Introducing ATB LendR • First of its kind in Canada • Lift-Loan Model • First 10%: Family and friends • Next 40%: LendRs

Become a member of Club LendR• Easy to join, convenient to invest

• Invest in your community, make an impact

• 15% returns, but higher risk

• Join the club

23 Crowdfinancing

Page 24: Scott Weir Manager, ATB LendR - Brazeau County · Introducing ATB LendR • First of its kind in Canada • Lift-Loan Model • First 10%: Family and friends • Next 40%: LendRs

Interested?

Become a Borrower or LendR through

ATBLendR.ca

24 Crowdfinancing


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