Family Business Fund - aVenture Asset Manager Research
Location
Jersey City, NJ, US
Founded
2019
Family Business Fund specializes in revenue-based financing, connecting microfinancers with established small businesses seeking capital for growth. The firm facilitates short-term cash advances ranging from $5,000 to $50,000, typically for businesses with at least two years of operation. These advances are secured against future sales, accounts receivable, or purchase orders, with terms not exceeding six months.
The fund offers investors an alternative to traditional stocks and bonds, providing opportunities for passive income with low market correlation. Family Business Fund emphasizes portfolio diversification and the potential for high yields, with annual returns to microfinancers ranging from 20% to 33%. Douglas Muir serves as CEO and co-founder, leading the organization's mission to support small business growth through accessible financing options.
Family Business Fund - Classification
Also Known As
Family Business Fund LLC
NAICS
520000Finance and Insurance
523000Securities, Commodity Contracts, and Other Financial Investments and Related Activities