Noble Fox comes to Ashland with support of community loans
Silverton's Noble Fox Restaurant and Brewery will be taking over the space left vacant by standing stone brewery, but to raise the money to get that new location they've decided to go with small business bonds from the community rather than a small business loan from the bank. This bond model works where they sell bonds in $10 increments to the community. For Noble Fox's micro investors they'll get paid an 11% interest on their investment for 5-years.
Source: kdrv.com
