Renew, Refresh, and Re-do

At Clovest, our partners are our lifeblood. In fact, nearly all of the businesses that have raised funds on Clovest belong to one of our partner organizations. As a way to give back to these great organizations, we created Clovest Communities (and affiliate badges) as a way to highlight the support these organizations provide to our favorite local businesses.

If you're an organization that is dedicated to helping the growth of small, local business, or are interested in learning about the benefits of becoming a Clovest Community partner, get in touch with us at [email protected] to find out more about how we can work together.

At Clovest, we value communities. A lot. So instead of offering individual rewards, we work with businesses to find a unique reward that will benefit the entire community. The community reward has three core goals:

• To celebrate the success of the business' project funding campaign.
• To bring people together + foster an exchange of culture and ideas.
• To offer a chance for the business to meet & learn about their supporters!

Community rewards are the businesses way of reinvesting in the community that has just invested in them.

While the project's goal is the amount the business must raise in order to receive a loan, the overflow is an amount they can borrow beyond their goal.

Another way to think about this is:

If the business does not meet its goal, no loans are funded and no money exchanges hands. Regardless of the amount they raise, a business is still obligated to repay its loan in full.