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Invest in BoothLenders

Financing Music Industry Creators

EARLY BIRD TERMS: $989,400 LEFT

$10,600

reserved of a $100,000 goal
INVESTMENT TERMS
Future Equity
$10M valuation cap
Early Bird Bonus: The first $1M of investments will be in a SAFE with a $20M valuation cap and 30% discount
$100, $1K, $10K

Highlights

1
The creator economy is misunderstood by traditional financing. 🙄
2
Today, creators are small businesses. 📊💼💵
3
We will focus on the music industry creators: musicians, producers, etc. 🎧🎤🎹
4
Technology allows music industry creators to become small music businesses. 💻📲

Our Team

I've worked in the music, advertising, studio, and private equity industries. Small music businesses would always ask me to help them find financing. I saw a funding gap for the majority of the music industry-related businesses. Traditional lenders do not understand the music industry. I saw an opportunity for a music industry-focused lender.

Financing Small Music Businesses Everywhere

The Old Music Industry...

Throughout history, if you wanted a career in music, you had to be connected to a major label. Why? Financing! 

And those without financing (the 99%), had to bootstrap their careers.

The New Music Industry...

Today, technology allows “the 99%” to become small businesses. But these small businesses still need financing and a lender who understands their industry. 

Problem

Small Music Businesses are Underserved

Traditionally, lenders lend to businesses they understand. Why? Because they understand the risk involved. 

At BoothLenders, we understand small music businesses and see them as underserved. 

Solution

A Lender for Small Music Business 

BoothLenders will use traditional underwriting and alternative data to identify fundable small music businesses. 

The Test Models

Before committing to a business model, I had to test my theories about the products, marketing, and overall business strategy. 


    Test Models: Pros & Cons

    #1 - Global Aggregator 

    #2 -US Referral

    Key Learnings

    The Test Models proved key theories to be accurate. Also provided additional learnings. 

    Products & Services

    BoothLenders will provide credit cards, personal loans, and business loans. 

    Business Model

    BoothLenders will make money from interest income, origination fees, and packaging fees.

    Secondary & Tertiary Revenue

    BoothLenders will make additional money from credit repair & financial planning fees.

    Go to Market Strategy

    We will target low to medium-risk small music businesses. 

    Competition

    Articles: 

    Patreon offers “payday loan”

    Stem offers fee-based advance

    Royalty Exchange offers a royalty auction program

    The Music Fund offers “interest-free” advance


    What Makes Us Different:

    Total Addressable Market

    *TAM = # of Customers x Avg. Lifetime Revenue Per Loan

    Average Lifetime Revenue Per Loan

    Loan Book Projection

    Projected Revenue

    Raising Seed-1 

    Minimum Raise $100,000 - Maximum $5,000,000. Raising Seed-1 to achieve $1M in Revenue in 12 Months.

    Seed-1 Milestones

    These milestones mark our path to Seed-1 Revenue Goal: $1 Million in 12 months.

    Traction

    We unearthed global demand. 

    Our website, social posts, and email engagement indicates a global interest from small music businesses looking for financing.

    We developed brand trust.

    Our partnerships with other lenders and marketplaces improve and solidify our social brand and trustworthiness.

    We discovered product-market fit. 

    Customers see their small music businesses as large enterprises and would benefit from BoothLenders. Customers would be devastated if this service was never available.

    Our projected LTV is $7,740.

    Our projected CAC is $3.45.

    This is just the beginning!

    We understand the music industry, lending, and are establishing a company with the financial and technical infrastructure to build a global enterprise. Our future includes...

    Overview