We are unbelievably excited to say that we have officially hit our first target of £250,000, after just two weeks. This was the minimum amount of money that we needed to raise through our community share offer.
This is a huge testament to how powerful our community is, and how much The Traf is valued.
What happens now?
You’ll see that we have just extended our target on Crowdfunder to £530,000. This is because every extra £1 that we manage to raise through community shares is one less £1 of debt we need to take on. That will make a huge difference to what we are able to do once we have acquired the pub – with less money going towards repaying loans and more money able to reinvest.
We also want to make sure that everyone who wants to become part of the Community Benefit Society, can! So if you haven’t invested yet, our share offer will remain open until 17 November.
If you haven’t invested yet and would like to find out how to, please check our Share Offer Details page.
See you at The Traf!