Updated August 20th, 2021 by Kaylyn Perry

How do I know which purchase method I can use to fund a Co-Op?

You can view purchase methods on the Co-Op’s overview page. You can use either a credit card or ACH/bank funds, unless otherwise noted. For ACH/bank funds, the funds must be transferred in and settled into your account prior to use.  Depositing funds  into your Kickfurther account from your bank account can take 3-5 days, which is the standard speed...

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Updated April 14th, 2022 by Kaylyn Perry

Removal of Kickfurther Withdrawal Fee

We’re thrilled to share that we will remove the 1.5% withdrawal fee for all withdrawals on Kickfurther. To meet market pressures and lower costs for brands who fund on Kickfurther, we’ve looked at areas where we can eliminate credit card processing costs. Since many Kickfurther Buyers wish to continue using credit cards, we’ve introduced Kickfurther...

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Updated March 30th, 2022 by Kaylyn Perry

What does the Inventory Available status mean?

Kickfurther checks with each business’s manufacturer before their Co-Op is launched to get an estimated shipping date for the consigned inventory. We want to be sure that each Co-Op’s schedule is accurate.   Co-Ops in the “inventory available” status have provided a tracking number or bill of lading to Kickfurther as proof that their consigned inven...

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Updated September 13th, 2021 by Kaylyn Perry

The Origin Story of Kickfurther

A question that I keep getting is “Why are you doing inventory financing?” Sometimes this is phrased as “that seems to be a really boring industry to try to launch a start up in, what the hell dude?” Well, I can’t deny that it doesn’t sound very sexy, but it’s something I’m passionate about. Let me tell you why.   CPG Merchandising Before I drank th...

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Updated October 26th, 2021 by Kaylyn Perry

Affirming Engagement on Underperforming Co-Ops

We've received a lot of feedback from users regarding poorly performing Co-Ops. Some users correctly identified that other users may no longer be using the platform or may have become disinterested in the outcome of Co-Ops in their portfolio that aren’t performing as expected.     To address those concerns, Kickfurther will periodically initiate an ...

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Updated February 25th, 2022 by Kaylyn Perry

Is my Co-Op complete when I reach the target completion date?

Co-Ops reach completion after the full balance due has been submitted to Kickfurther. You can find your target completion date in your contract and within the invoice timeline This date represents the intended date of completion but a Co-Op is not complete until the total amount due is paid. The targeted completion date can differ from the actual co...

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Updated May 26th, 2022 by Kaylyn Perry

What is Canceled by Kickfurther?

The “Canceled by Kickfurther”  status on Kickfurther is a possible lifetime status of a Co-Op. Kickfurther has the option to “cancel” a Co-Op at any time. Usually, it's because a business doesn’t believe its Co-Op will fund and wants to relaunch it with new details. Possible Outcomes Sometimes the business relists their Co-Op with a shorter timeline...

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Updated October 29th, 2021 by Kaylyn Perry

Business Post Funding Expectations

Congrats on successfully funding your Co-Op! Now what? Post a Message to your buyers: Once you fund, you should send a message to the buyers who made it possible thanking them for support and letting them know you are excited for next steps. It’s also good to make sure that you know how to use the update tool. If you’d like to offer a discount of an...

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Updated December 10th, 2021 by Kaylyn Perry

How to Post and Update your Co-Op

How to Communicate with your Buyers Co-Op Updates:  Co-Op updates are mandatory every 30 days. Log into your Kickfurther account and click  “Post an Update”  to update every contributor of your Co-Op: Direct Replies : Hit the reply link to respond to a specific user within your Co-Op. Only the specific user will be notified of your comment via email...

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Updated August 31st, 2021 by Kaylyn Perry

Why is my Credit Card being declined on Kickfurther?

There are two reasons your Credit Card could be declined: A mismatched Zip Code Please verify you typed in your billing Zip Code correctly We have a $10 minimum on our platform when using a Credit Card...

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Updated March 30th, 2022 by Kaylyn Perry

What does the Awaiting Payment status mean?

The “awaiting payment” status on Kickfurther means that a business has submitted a pending payment to their buyers.  Kickfurther will distribute the pending payment to the contributors as soon as the payment clears in our bank account....

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Updated April 18th, 2022 by Kaylyn Perry

What does Kickfurther consider revenue?

Kickfurther works with brands once they’ve reached at least $150,000 or more in trailing 12 months revenue. You do not need to be in business for 12 months, or have revenue in 12 consecutive months, but we review a snapshot of revenue across a period up to 12 months.  As we process your application, we review your account statements to calculate you...

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Updated February 25th, 2022 by Kaylyn Perry

Can my remaining supplier funds be used as a payback on my Co-Op?

Any available supplier funds that were not used towards purchasing inventory can be used towards fulfillment of your Co-Op obligation, as long as those funds are used as a final payment, including any fees incurred during the life of the Co-Op. Any questions, email contact@kickfurther.com....

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Updated February 25th, 2022 by Kaylyn Perry

Is there a discount if I pay back early?

There is no discount for completing your payment obligation ahead of your completion date. If it is your first Co-Op on Kickfurther, by completing your payment obligation early, you have the ability to launch another Co-Op immediately. While there is no immediate discount to early repayment, completing your Co-Op early can often help move the market...

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Updated July 27th, 2022 by Kaylyn Perry

Introducing Kickfurther's New Invoicing System and Invoice Page

We’re thrilled to launch the new Kickfurther invoicing system and invoice page! You’ll have access to an up-to-date dashboard of your invoices and payments due, enabling you to better track the progress and status of your Co-Op. With our invoice page, you can manage, submit and view your invoices, setup automatic billing, as well as review your Co-O...

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Updated February 25th, 2022 by Kaylyn Perry

What are my expectations now that my Co-Op is in “Goods Selling” status?

Once your Co-Op is in “goods selling” status you are required to report sales on funded products by the specified date noted on your Co-Op timeline. Based on your reported sales, an invoice is issued and you are contractually obligated to pay for these invoiced sales by the invoice due date.   Businesses are also contractually obligated to update bu...

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Updated August 31st, 2021 by Kaylyn Perry

Why can't I post comments on a Co-Op I participated in?

If you are unsure why you can no longer post comments on Co-Ops you’ve participated in, please email  contact@kickfurther.com ....

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Updated June 22nd, 2022 by Kaylyn Perry

Kickfurther User Guidelines

Kickfurther wants to grow a user culture that stresses professional language and kindness. What our users post must comply with Kickfurther's terms of use, and users may be personally liable for what they post here and elsewhere.  It is in everyone’s best interest to address each other as professionally and as kindly as possible. For instance, if a ...

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Updated August 31st, 2021 by Kaylyn Perry

My ID Verification Failed

If your ID Verification failed, please send a copy of your ID image to  contact@kickfurther.com .  Please ensure the image is in color, legible and shows a plain background around all four sides of the ID. A phone camera image works. Tip: For best results, place your ID on a dark background when taking the verification photo....

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Updated March 30th, 2022 by Kaylyn Perry

What does Goods Selling mean?

In a Kickfurther Co-Op’s timeline, the “goods selling” status occurs when the selling period of the consigned inventory begins. On Kickfurther, payment isn’t due until a business sells their consigned inventory.  We check with the business before they launch their Kickfurther Co-Op to make sure that the date listed for goods selling is realistic and...

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Updated February 8th, 2022 by Kaylyn Perry

What is a Funds Free Co-Op?

A funds-free Co-Op indicates a buyer may only use bank funds already transferred into their accounts to make pack purchases. In these cases, we do not accept credit card purchases.  A funds-free co-op will be indicated with an orange “funds free” banner on the platform. It is also displayed within a Co-Op’s overview page:...

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Updated October 7th, 2021 by Kaylyn Perry

Tech-Based Fulfillment: The Key to Growing a Successful E-Commerce Business

Successfully running an online business requires the right technology to make everything from your website to your order fulfillment process run smoothly. Before the rise of sophisticated technologies, working with a third-party logistics (3PL) provider consisted of manually sending orders before a cut-off time each day. Retailers today rely on tech...

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Updated August 20th, 2021 by Kaylyn Perry

Total Raised vs. Total Payout

Once funding has completed on a Co-Op, you will see a total raised and total payout displayed on their overview page: Total Raised represents the total that was funded by the Kickfurther community. The Total Payout represents the total raised plus the profit margin to be paid back to participants....

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Updated August 20th, 2021 by Kaylyn Perry

What is the package price?

It’s important to remember that Kickfurther operates as an inventory funding platform where each Co-Op is customized to a brands specific timeline and product costs.  The timeline includes the cost to produce, ship and begin selling their products(s). Products with higher costs will cause a higher package price. Another reason for a higher package p...

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Updated September 8th, 2021 by Kaylyn Perry

Tips to Get Funded

MM Local Foods completed a crowdfinancing opportunity already and recently successfully raised funds for a second time.  MM partners with family farmers to preserve surplus produce at the height of harvest through our two brands MM Colorado and MM Pacific Northwest. Their production model helps prevent food from going to waste and helps local farmer...

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Updated June 28th, 2022 by Kaylyn Perry

How do I know if a Co-Op is open?

New Co-Ops always launch/go live at 5PM EST. Early Access  Co-Ops can be posted any time of day, but are almost always added more than 24hrs before launch. Emails are sent when Co-Ops enter early access status and also 15 minutes before live launch. You can change your email preferences within your Kickfurther account settings dashboard. If you are ...

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Updated February 25th, 2022 by Kaylyn Perry

When is my Co-Op completed?

Your Co-Op is completed when your balance is paid in full and the amount funded has been paid back to the buyers. You’ll find your balance within the platform on your invoices tab.  If you have a question, please email contact@kickfurther.com....

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Updated August 20th, 2021 by Kaylyn Perry

What does PSC mean?

PSC refers to the Percentage Sold for Completion, which is the percentage of the funded inventory the brand needs to sell for all backers to earn back their initial purchase price and profit payout. You’ll find the PSC on a Co-Op overview page....

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Updated April 18th, 2022 by Kaylyn Perry

What does In Compliance mean?

For your Co-Op to be ‘In Compliance,’ you must submit your sales reporting according to your agreed upon timeline and then payment for all invoiced sales must be submitted....

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Updated December 3rd, 2021 by Kaylyn Perry

What happens if the Consignment Inventory doesn't sell?

Kickfurther Brands are required to pay back Buyers as they sell the Consignment Inventory specified in each Co-Op according to the payment timelines. There are two scenarios for slow or no sales we’ll review here: (1) If sales of the Consignment Inventory fall behind projections causing a payment less than the expected payment to be owed; and,  (2)f...

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Updated March 24th, 2022 by Kaylyn Perry

Update to our Affirmative Vote

We've received a lot of feedback from users regarding poorly performing Co-Ops. Some users correctly identified that other users may no longer be using the platform or may have become disinterested in the outcome of Co-Ops in their portfolio that aren’t performing as expected.     To address those concerns, Kickfurther will periodically initiate an ...

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Updated February 8th, 2022 by Kaylyn Perry

How to Purchase a Kickfurther Credit

You’re now able to purchase Kickfurther credits via credit cards to participate in Co-Ops. Purchasing a Kickfurther credit includes a 2.9% fee, which covers transaction costs to support credit card use. Kickfurther credit is non-refundable and can only be used on Kickfurther Co-Ops. All payouts from those Co-Ops where you’ve used Kickfurther credits...

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Updated June 1st, 2022 by Kaylyn Perry

What is On Schedule versus In Compliance?

For your Co-Op to be considered O n Schedule, the payments you have submitted after each sales reporting period must meet the original sales projections set in your Co-Op. If your payments are less than your original projections, your Co-Op would be considered off schedule. If sales are less than outlined in your Co-Op timeline but you submit paymen...

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Updated August 20th, 2021 by Kaylyn Perry

Inventory Inspection vs. Inventory Visibility

The type of Co-Op, either Inventory Inspection (II) or Inventory Visibility (IV), indicates how Kickfurther can review purchased inventory on behalf of the buyers. Inventory Inspection indicates the business self-warehouses their product and has authorized Kickfurther to send a third party to inspect inventory levels.  Inventory Visibility   indicat...

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Updated October 13th, 2021 by Kaylyn Perry

How to Report Your Sales to Kickfurther

Once your Co-Op has been funded on Kickfurther, you’ll need to report your sales based on the timeline of your deal.  Sales reporting is due to Kickfurther every two weeks during your sales timeline. How to Report Your Sales Login to your dashboard and go to  “manage Co-Ops”  and click  “Sales Reports” .  Based on what you’ve sold during the two-wee...

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Updated August 31st, 2021 by Kaylyn Perry

What does "Troubled Status" mean?

"Troubled status" is a flag that is triggered by missed reporting, slow sales or defaulting on payments owed, enabling the buyer cohort to vote on cancellation.  Although it's an indication that scheduled consignment paybacks are "off track", the majority of businesses that experience troubled status still reach completion.  Each participating user ...

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Updated December 10th, 2021 by Kaylyn Perry

What does "Canceled by Vote" mean?

If a Co-Op has been in  troubled status  for more than 60 days and has passed its expected completion date and has not made any payment within the last 30 days, we administer an “affirmative vote.” This vote requires that 50% of the Co-Op’s ownership votes to affirm that the Co-Op should remain active. If the vote does not reach 50% within the speci...

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Updated August 31st, 2021 by Kaylyn Perry

How can I change my email address on Kickfurther?

You are unable to change your primary email address on your own on Kickfurther. In order to change your email associated with your Kickfurther account, please email  contact@kickfurther.com  from your current account email address. If you do not have access to the email associated with your account, we will send a pin to the mailing address associat...

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Updated June 28th, 2022 by Kaylyn Perry

Kickfurther Buyer FAQs

Co-Op: A "Co-Op" is short for consignment opportunity, which is what we call the arrangement to fund inventory for a vetted brand. Co-Op Overview Page: The Co-Op overview page represents a funding opportunity for a vetted brand. To view a Co-Op’s overview page, simply click on the card of the Co-Op.  Kickfurther Store: The Kickfurther store is where...

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Updated June 28th, 2022 by Kaylyn Perry

What are the different Co-Op Statuses?

While on our platform, you’ll see our Co-Ops listed as one of the following: live, early access, and funded.  What is a live Co-Op?  A live Co-Op is open for buyers to contribute funds to. Co-Ops go live at 5 pm EST/ 2 pm PST. Notification of launches are sent out via email. You can set your email preferences within your Kickfurther account settings...

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Updated December 10th, 2021 by Kaylyn Perry

How to Link your Bank Account to Dwolla

Before you’re able to send or receive funds on Kickfurther’s platform, you need to link your bank account to Dwolla.  Why do we use Dwolla?  It allows individuals to have business and buyer accounts with linked bank accounts without any issues Significantly higher transaction allowances  Is a Plaid based connection system How to link your bank accou...

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