{"data":{"type":"company_profile_ai","id":52799,"entity_id":"wefunder:company:52799","attributes":{"canonical_url":"https://wefunder.com/boothlenders","retrieval_urls":{"canonical":"https://wefunder.com/boothlenders","json":"https://wefunder.com/boothlenders.json","markdown":"https://wefunder.com/boothlenders.md","ai_json":"https://wefunder.com/boothlenders.ai.json","ai_text":"https://wefunder.com/boothlenders.ai.txt","changelog_json":"https://wefunder.com/boothlenders.changelog.json","schema":"https://wefunder.com/.well-known/ai-profile-schema.json"},"updated_at":"2026-06-11T23:54:15Z","generated_at":"2026-06-12T03:53:26Z","profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"company":{"id":52799,"entity_id":"wefunder:company:52799","slug":"boothlenders","name":"BoothLenders","tagline":"Financing Music Industry Creators ","elevator_pitch":"We provide music industry creators loans to grow their businesses.","location":"Los Angeles, CA","website":"https://boothlenders.com/","total_amount_raised":0,"total_investors":0,"is_funded":false,"is_active":false},"key_claims":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 0","citation":"https://wefunder.com/boothlenders#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-11T23:54:15Z","as_of":"2026-06-12T03:53:26Z","confidence":"high"},"observed_at":"2026-06-11T23:54:15Z","expires_at":"2026-06-12T23:54:15Z"},{"claim_id":"claim-total-investors","text":"Total investors: 0","citation":"https://wefunder.com/boothlenders#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-11T23:54:15Z","as_of":"2026-06-12T03:53:26Z","confidence":"high"},"observed_at":"2026-06-11T23:54:15Z","expires_at":"2026-06-12T23:54:15Z"}],"verified_facts":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 0","citation":"https://wefunder.com/boothlenders#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-11T23:54:15Z","as_of":"2026-06-12T03:53:26Z","confidence":"high"},"observed_at":"2026-06-11T23:54:15Z","expires_at":"2026-06-12T23:54:15Z"},{"claim_id":"claim-total-investors","text":"Total investors: 0","citation":"https://wefunder.com/boothlenders#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-11T23:54:15Z","as_of":"2026-06-12T03:53:26Z","confidence":"high"},"observed_at":"2026-06-11T23:54:15Z","expires_at":"2026-06-12T23:54:15Z"}],"company_claims":{"tagline":"Financing Music Industry Creators ","elevator_pitch":"We provide music industry creators loans to grow their businesses.","story":"The Old Music Industry...Throughout history, if you wanted a career in music, you had to be connected\u0026nbsp;to a major\u0026nbsp;label.\u0026nbsp;Why? Financing!\u0026nbsp;And those without financing (the 99%),\u0026nbsp;had to bootstrap\u0026nbsp;their careers.The New Music Industry...Today, technology allows “the 99%”\u0026nbsp;to become small businesses.\u0026nbsp;But these small businesses still need financing and a lender who understands their industry.\u0026nbsp;ProblemSmall Music Businesses are UnderservedTraditionally,\u0026nbsp;lenders lend to businesses they understand. Why? Because they understand the risk involved.\u0026nbsp;At BoothLenders, we understand small music businesses\u0026nbsp;and see them as\u0026nbsp;underserved.\u0026nbsp;SolutionA Lender for Small Music Business\u0026nbsp;BoothLenders will use\u0026nbsp;traditional underwriting and\u0026nbsp;alternative data to identify fundable small music businesses.\u0026nbsp;The Test ModelsBefore committing to a business model, I had to test my theories about the products, marketing, and overall business strategy.\u0026nbsp;Test Models: Pros \u0026amp; Cons #1 - Global Aggregator\u0026nbsp;#2 -US ReferralKey LearningsThe Test Models proved key theories to be accurate. Also provided additional learnings.\u0026nbsp;Products \u0026amp; ServicesBoothLenders will provide credit cards, personal loans, and business loans.\u0026nbsp;Business ModelBoothLenders will make money from interest income, origination fees, and packaging fees.Secondary \u0026amp; Tertiary RevenueBoothLenders will make additional money from credit repair \u0026amp; financial planning fees. Go to Market StrategyWe will target low to medium-risk small music businesses.\u0026nbsp;CompetitionArticles:\u0026nbsp;Patreon offers “payday loan”Stem offers fee-based advanceRoyalty Exchange offers a royalty auction programThe Music Fund offers\u0026nbsp;“interest-free” advanceWhat Makes Us Different:Total Addressable Market*TAM = # of Customers x Avg. Lifetime Revenue Per LoanAverage Lifetime Revenue Per LoanLoan Book ProjectionProjected RevenueRaising Seed-1\u0026nbsp;Minimum Raise $100,000 - Maximum $5,000,000.\u0026nbsp;Raising Seed-1 to achieve $1M in Revenue in 12 Months.Seed-1\u0026nbsp;MilestonesThese milestones mark our path to\u0026nbsp;Seed-1 Revenue Goal: $1 Million in 12 months.TractionWe unearthed global demand.\u0026nbsp;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.\u0026nbsp;Customers see their small music businesses as large enterprises and would benefit from\u0026nbsp;BoothLenders.\u0026nbsp;Customers would be devastated if this service was\u0026nbsp;never available.Our projected LTV is\u0026nbsp;$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...","quick_facts":["The creator economy is misunderstood by traditional financing. 🙄","Today, creators are small businesses. 📊💼💵","We will focus on the music industry creators: musicians, producers, etc. 🎧🎤🎹","Technology allows music industry creators to become small music businesses. 💻📲","We will use traditional underwriting 🔍 plus alternative data 🔮 to qualify borrowers.","Providing debt financing: flexible terms 📝 fair interest ⏳ \u0026amp; low fees 👍","Test Models proved a Global Market exists. 🌍 Estimated 2 Trillion Dollars. 🦄","Traction: Global Demand 🌍 Brand Trust 🙌 Product Market Fit 🚀"]},"computed_metrics":{"total_amount_raised":0,"total_investors":0,"team_size":2,"featured_investor_count":0,"faq_count":1,"recent_post_count":0},"quick_facts":[{"claim_id":"claim-fact-1","value":"The creator economy is misunderstood by traditional financing. 🙄","citation":"https://wefunder.com/boothlenders#claim-fact-1","observed_at":"2026-06-11T23:54:15Z","expires_at":"2026-06-18T23:54:15Z"},{"claim_id":"claim-fact-2","value":"Today, creators are small businesses. 📊💼💵","citation":"https://wefunder.com/boothlenders#claim-fact-2","observed_at":"2026-06-11T23:54:15Z","expires_at":"2026-06-18T23:54:15Z"},{"claim_id":"claim-fact-3","value":"We will focus on the music industry creators: musicians, producers, etc. 🎧🎤🎹","citation":"https://wefunder.com/boothlenders#claim-fact-3","observed_at":"2026-06-11T23:54:15Z","expires_at":"2026-06-18T23:54:15Z"},{"claim_id":"claim-fact-4","value":"Technology allows music industry creators to become small music businesses. 💻📲","citation":"https://wefunder.com/boothlenders#claim-fact-4","observed_at":"2026-06-11T23:54:15Z","expires_at":"2026-06-18T23:54:15Z"},{"claim_id":"claim-fact-5","value":"We will use traditional underwriting 🔍 plus alternative data 🔮 to qualify borrowers.","citation":"https://wefunder.com/boothlenders#claim-fact-5","observed_at":"2026-06-11T23:54:15Z","expires_at":"2026-06-18T23:54:15Z"},{"claim_id":"claim-fact-6","value":"Providing debt financing: flexible terms 📝 fair interest ⏳ \u0026amp; low fees 👍","citation":"https://wefunder.com/boothlenders#claim-fact-6","observed_at":"2026-06-11T23:54:15Z","expires_at":"2026-06-18T23:54:15Z"},{"claim_id":"claim-fact-7","value":"Test Models proved a Global Market exists. 🌍 Estimated 2 Trillion Dollars. 🦄","citation":"https://wefunder.com/boothlenders#claim-fact-7","observed_at":"2026-06-11T23:54:15Z","expires_at":"2026-06-18T23:54:15Z"},{"claim_id":"claim-fact-8","value":"Traction: Global Demand 🌍 Brand Trust 🙌 Product Market Fit 🚀","citation":"https://wefunder.com/boothlenders#claim-fact-8","observed_at":"2026-06-11T23:54:15Z","expires_at":"2026-06-18T23:54:15Z"}],"latest_fundraise":{"id":43412,"entity_id":"wefunder:fundraise:43412","state":"open","offering_type":"4(a)(6)","structure":"ttw","testing_the_waters":true,"can_invest_now":true,"funding_started_at":"2021-06-16T03:38:50Z","funding_closed_at":null},"investor_memos":[],"team":[{"id":1804875,"entity_id":"wefunder:company_role:1804875","name":"DJ Parker","title":"Chief Executive Officer","role":"founder","profile_url":"https://wefunder.com/djparker"},{"id":1531067,"entity_id":"wefunder:company_role:1531067","name":"Chad Johnson","title":"Chief Operations Officer","role":"employee"}],"featured_investors":[],"relationships":[{"source_entity_id":"wefunder:company:52799","relation":"has_team_member","target_entity_id":"wefunder:user:1460604","target_url":"https://wefunder.com/djparker"},{"source_entity_id":"wefunder:company:52799","relation":"has_team_member","target_entity_id":"wefunder:company_role:1531067"},{"source_entity_id":"wefunder:company:52799","relation":"has_latest_fundraise","target_entity_id":"wefunder:fundraise:43412"}],"faq":[{"question":"I looked at the boothlenders site. The concept looks okay. I think it would be better if it used a peer to peer lending model. A musician applies for a loan. The loan shows up on the booth lender site then investors can invest in the loan. Investors then get paid back monthly ...","answer":"Thanks Kevin! We've looked closely at Peer-to-Peer Lending (LendingClub \u0026amp; Sofi). It is a popular model. But not sustainable long term. LendingClub and Sofi pivoted to a more traditional model (using credit facilities). For BoothLenders, the peer-to-peer Cons outweigh the Pros. #1 Some states don't allow peer-to-peer lending. This would eliminate some of our customers. So we can't do that. #2 There is no insurance protection (against borrower's default) or investment upside for investors. ..."}],"recent_posts":[],"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-12T03:53:26Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-11T23:54:15Z","as_of":"2026-06-12T03:53:26Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-11T23:54:15Z","as_of":"2026-06-12T03:53:26Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-12T03:53:26Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-12T03:53:26Z","confidence":"medium"}}}}}}