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Scott Weir
Manager, ATB LendR
Agenda
• Crowdfunding: What is it?
• ATB BoostR
• Crowdlending: What is it?
• ATB LendR
• Questions
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What is Crowdfunding?
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Let’s look at a real campaign!
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It isn’t JUST about the money
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• Great way to promote your business
• Powerful pitch events
• Market test your idea
• Great support from advisors
• Easy sign up
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What’s ATB
BoostR?
https://www.youtube.com/watch?v=GlFBNiDKb0Q
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What’s critical to success with Crowdfunding?
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Can you market well?
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Do you have a community to engage?
Cool Products/Services to Pre-sell?
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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
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
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So what is BoostR really all about?
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Promote your business
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Serious exposure
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Building your audience
What is Crowdlending?
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The crowd gives the business a loan
in exchange for interest over time
• Promotes the business
• Builds the audience
• Easier access to needed funds
ATB LendRAlberta’s first Crowdlending Platform
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
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Private Campaign,
10
Public Campaign, 40
ATB, 50
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
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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
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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
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
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Interested?
Become a Borrower or LendR through
ATBLendR.ca
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