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A message from our Co-Founders.
GROUNDFLOOR Update
05/07/2016

We Hear You!

<<First Name>>,

Last night, hundreds of you logged on to Groundfloor to invest in our two newest loans, which lasted all of four minutes. We realize that a quick sell out can be a frustrating experience for investors like you and want you to know what we're doing to keep up with the overwhelming demand. As the only platform in our industry that doesn't take money from institutional investors, it's especially important to us that everyone have the chance to invest.

Your input matters, and our internal teams are working hard to bring you a better Groundfloor:
  • In Lending Operations, we’ve built our capacity to process hundreds of loan applications per month. Each potential loan goes through a rigorous origination and underwriting process. Right now, this process is yielding 8-10 loans per month. We’re quickening the pace as we learn how to identify good loans faster with the goal of doubling to 20 per month, but will never lower our standards as a quick fix.   
  • In Engineering, we’re building a foundation to make investing faster and easier than it is today. In the coming months this will enable us to offer more payment options to fund your account in as little as one day. Forthcoming automated investing tools will handle the task without requiring you to log in.
  • Our Regulatory team continues to work with federal and state officials to reduce the time required to post a new loan for investment. The shorter the time interval, the more quickly we can increase available inventory.
Bottom line -- we hear you. Thank you for sticking with us as we continue to grow. Delivering on a vision as audacious as Groundfloor never happens as fast as anyone wants it to. We're always grateful for your ideas, comments, feedback, and suggestions. Please write us anytime at founders@groundfloor.us.

Warmly, 

Brian and Nick
This communication shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

ANY OFFERING OF SECURITIES WILL BE MADE ONLY BY MEANS OF A DULY QUALIFIED OFFERING CIRCULAR, WHICH CAN BE OBTAINED BY QUALIFIED INVESTORS THROUGH OUR PLATFORM. INFORMATION ABOUT OUR OFFERINGS MUST BE READ IN CONJUNCTION WITH SUCH OFFERING CIRCULAR IN ORDER TO UNDERSTAND FULLY ALL OF THE IMPLICATIONS AND RISKS OF THE OFFERING OF SECURITIES TO WHICH IT RELATES.







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GROUNDFLOOR Inc. · 75 5th Street NW · Suite 214 · Atlanta, GA 30308 · USA