Red Bird Produce
Regulation Crowdfunding offering on Honeycomb Credit
$39,650
of $40,000 goal
99.1% funded
About the offering
We received a $5,000 grant from Shipt which included training on marketing, social media and online shopping. We've been featured in numerous local, regional and statewide stories in the press and have built to nearly 3k instagram followers in under a year. This year so far, the business has generated over $110,000+ in revenue. What We Do Red Bird Produce offers fresh, locally-sourced fruits, vegetables, coffees and eggs to the Avondale neighborhood in Birmingham, Alabama. We source our product from over 20 farms throughout the state and region and offer it to our community at an affordable price. Oftentimes, by supporting our local family farms, we can offer a competitive or even lower price on our items. Over the past year we have built a loyal base through personalized service, consistent quality and buying from and promoting our local farmers. Our location is walkable for students, families and retirees who live in the area and we have a healthy cross-section of these demographics. We also service small to midsized catering companies, private chefs and local restaurants through special orders, bulk orders and our unique, high quality products. Use of Funds Raised The funds will be allocated to refinancing high-interest debt and financing essential equipment, specifically a new meat cooler. Refinancing will improve our cash flow by reducing interest payments, allowing us to reinvest in the business. Acquiring the meat cooler will enhance our storage capacity, ensuring product quality and supporting our growing demand. $25,000 Min Goal Breakdown Refinancing high-interest debt (78%) Financing meat cooler (22%)
FAQ
How much has Red Bird Produce raised?
Red Bird Produce has raised $39,650 of a $40,000 goal.
Where is Red Bird Produce's campaign listed?
The offering is listed on Honeycomb Credit, an SEC-registered Reg CF intermediary.
What are the terms of Red Bird Produce's raise?
Debt, 12.5% interest, 36-month term.
When does Red Bird Produce's offering close?
The stated close date is Jul 17, 2025.
