Details of the Program
Download the Vaalbara Micro-Lender Membership Program
The Micro-Loan Concept
Our approach to business financing is more dynamic than the standard institutional investor or bank loan model. We want our financing, in some ways, to mirror our business concept for establishing a community-centric food and music restaurant. Accordingly, we developed this Membership Program so that a community of supporters can contribute, through a micro-loan arrangement, to the start-up and long-term success of the Vaalbara concept. The micro-loan is structured as a non-recourse, unsecured loan guaranteed by the business. It offers a fixed interest rate of return along with non-discretionary quarterly payments on principal. Additionally, the micro-loan grants you membership into Vaalbara – an exclusive community of members that receive numerous privileges including a complimentary yearly dining card, at-cost dining options, periodic newsletters, our record label-affiliated music releases, merchandise discounts, VIP event access, and perhaps most importantly, a sense of community support in a concept you believe in.
Micro-Loan Contribution Plateaus
The micro-loan memberships are available in the amounts of $1,000, $2,500, $5,000, and $10,000 increments. Micro-loan amounts above these categories will be considered on a case-by-case basis. At each level, member privileges are expanded and increased.
Benefits of Micro-Loan Membership Program
- Payment of Principal Loan Amount
- Payment of Interest on Micro-Loan
- Complimentary Dining Card
- At-Cost Dining Benefits
- Special Event VIP Access
- Exclusive Music Releases
- Discounts on Merchandise
- Subscription to Newsletter
Couple/Family Membership
Couple and Family Memberships are available at the $5,000 contribution plateau and greater. The privileges received are the same, except that multiple persons share one membership.
