7 Sep 2011
King of Shaves, Shaving Bonds in the FT today – AWESOME
As you may know, banks ain’t lending much dough these days. And this is hurting SME’s (Small Medium Enterprises). Back in June 2009 we debuted our innovative Shaving Bond paying 6% interest over 3 years plus free product. Many companies, including John Lewis, Caxton FX, Hotel Chocolat, Ecotricity have now followed – and this type of mini-bond finance raising, which connects customers with companies, as well as raising money (to NOT be spent on private jets, exotic holidays or dubious pursuits) is gaining credibility & momentum. This was OUR idea. You should all be very proud we’ve pioneered this. Scan of article attached, Jax has FT.King of Shaves Shaving Bond was the First.