Wefunder Launches Crowdfunded Small Business Loan and Startup Accelerator to Help Founders Tackle the Coronavirus Crisis

Wefunder, the nation's leading investment crowdfunding platform, today announced a new loan product to help small businesses struggling with the economic impact of coronavirus. The Coronavirus Crisis Loan, available now to any small business, enables businesses to crowdfund a loan from customers, family, friends, and the Wefunder community of 400,000 investors to provide critical cash flow during this economic crisis at a reduced interest rate. Last week, Wefunder also announced the Fight the Virus Challenge, a three-month accelerator to invest in startups tackling the crisis in sectors including biotechnology, senior care and remote education.