Borrower John Mangham Visits Tech Tuesday on the Dana Barrett Show


Did you tune in last week? If not, you can listen to one of GROUNDFLOOR’s borrowers, John Mangham, on The Dana Barrett Show. John was in the studio last week with Dana for her weekly Tech Tuesday segment on Biz 1190 AM. They discussed crowdfunding real estate projects right here in Atlanta, how capital sources for real estate are changing, and how GROUNDFLOOR makes it possible for anyone to earn great returns on investment.

Listen to the 11-minute clip featuring GROUNDFLOOR Borrower John Mangham and Dana Barrett.

Interested to hear more from John and Dana? Listen to the entire 1-hour show with Stefan Koening, CEO of Hull. Keep the conversation going by adding your questions, comments, and thoughts in the comments below.


Product Update: Funded Accounts


Our development team has been busy making improvements around GROUNDFLOOR. Last week, we told you about our new Loan Comparison Tool that makes it easy for you to compare and contrast details of each loan live on our site.

This week, we bring you Funded Accounts, a feature that makes it possible for you to transfer a lump sum into your GROUNDFLOOR Lender Account. This new feature allows you to make a one-time transfer to keep funds available for investing at any time through your Lender Account potentially saving you money from bank fees. See the step-by-step below.

Funded Accounts

To transfer funds into your Lender Account, you will first need to sign into your GROUNDFLOOR account. Once you’ve signed in, navigate to the “My Account” menu at the top of the screen and select “Investment Activity”. You will land at the Investor Summary view shown below.


From here, click the “GRONDFLOOR Investor Account” tab to begin the funds transfer process.


After arriving at the “GROUNDFLOOR Investor Account” tab, click the “Initiate Funds Transfer” link displayed in blue.


You will have the option to select from and to which account you would like to transfer funds. If you have multiple bank accounts connected to your GROUNDFLOOR Lender Account, they will all display as an option to originate a funds transfer here. Select the appropriate accounts and enter the amount you wish to transfer.


Once you’ve clicked the “Next” button, you will arrive at the “Verification” step of the funds transfer process.


Clicking the orange “Transfer” button will initiate your funds transfer and a confirmation screen will appear displaying the amount of the transfer and a project date when the funds will be available in your GROUNDFLOOR Lender Account.


Login to your GROUNDFLOOR Lender Account and see the feature. Have questions about transferring funds into your account? Send us an email at, call us at 678.701.1194, or post a comment below.


Product Update: Loan Comparison Tool


A few weeks ago, we introduced the new Loan Detail Page. Today, we offer another update, the Loan Comparison Tool. Keep scrolling for a walkthrough of how the Loan Comparison Tool helps you see the similarities and differences in multiple loans before making an investment.

Before Making an Investment

When you arrive on the loans page, you’ll notice two new icons next to each loan. These icons are part of the new loan comparison tool. The small circle that encloses a letter “i” will direct you to the loan detail page where you can view more information about the loan. The icon directly beneath that one that looks like a table will add the loan to the loan comparison view.


Loan Comparison View

Once you’ve selected multiple loans to compare, you can click the large table icon near the top of the loans page. You will land on the loan comparison view. Once here, you will see all of the loans you’ve selected to compare.



Compare and Contrast

When you click the “Show Differences” button at the top left of the screen, the loan categories with differences will appear highlighted in blue making it easy for you to see how the loans differ from one another. You also have the option to remove a loan from your comparison screen by simply clicking “remove” at the top of that loan column.


Click through to the investments page and test out the new loan comparison tool. Then tell us what you think via email at We’re always happy to hear your feedback and answer your questions.



Another Hour on AM BIZ 1190 with Dana Barrett


Last week, our Co-Founder and CEO Brian Dally was back in the guest seat with Dana Barrett on her morning radio talk show for the Tech Tuesday segment. This time around, Brian and Dana discuss embracing regulation instead of fighting it. In the 11-minute clip below, hear Brian and Dana chat about finding a domain and how GROUNDFLOOR settled on real estate crowdfunding.

Listen to the 11-minute clip.

Want to hear more about navigating regulation instead of fighting it? Listen to the entire 1-hour segment with Brian and Dana. Add your thoughts and comments to continue the conversation in the comments below.


Product Update: New Loan Detail Page

See more of the new loan detail page.

The last few weeks have been pretty exciting at GROUNDFLOOR. We’ve welcomed two new interns and seen record-breaking investment activity. There’s more… We recently released an updated version of our loan detail  page offering you more insight into each loan live on our site. Keep scrolling for a walkthrough of the new loan detail page.

Loan Summary

The loan summary section has been reorganized to display relevant information at the very top of the screen. You will see the property address, a link to the borrower profile, loan details like grade, rate, term, and more, and a button to invest in just one click.


Financial Overview, Grade Factors, Valuation Sources

These three boxes are a completely new addition to the loan detail page and offer you insight into how we determine a loan grade and rate. In the financial overview box you will see a visual representation of the borrower’s capital stack including the GROUNDFLOOR loan, other loans, and project costs. The grade factors box displays the factors we use in our loan grading algorithm and how the particular project scores in each category. The valuation sources box offers borrower-provided information like comps and appraisals as well an estimate from Zillow.



Borrower Summary

This new section summarizes information about the borrower for a particular project making it simple for you to learn more without leaving the loan detail page. You will see information specific to the borrower and the borrower’s company including projects with and outside of  GROUNDFLOOR.


Click through to the investments page and see the new loan detail page for any of our existing loans. Then tell us what you think via email at We’re always happy to hear your feedback and answer your questions.


Meet us in Nashville at 36|86


This week, our team will be in Nashville for 36|86, an event that brings together southern thinkers, founders, and investors. We would love to meet you if you’re in Music City, too.

We’re headed to Tennessee to participate in the pitch competition and meet and greet with other great companies from around the South. Our Co-Founder and CEO, Brian Dally, will deliver a 90-second pitch; and our team will be around during Village 36 with Georgia-grown goodies.

The 2-day event begins on Tuesday morning, June 9 and continues through Wednesday afternoon, June 10. You can see Brian participate in Round 3 of the pitches on Tuesday, June 9 between 2:45 and 2:55pm CST at Marathon Music Works.

True southerners, we always like to make new friends. If you’re in Nashville and would like to meet us, please reach out via email at See y’all there!


Name That Cocktail

GROUNDFLOOR Specialty Cocktail

A few weeks ago, we gathered with some of you to celebrate some company milestones. We were honored to have Georgia Secretary of State Brian Kemp with us as we toasted the Invest Georgia Exemption, a piece of legislation he championed.

We were also celebrating the warm welcome Atlanta has shown us and surpassing the the $1 million mark in lending from our growing community of microlenders like you.

All of the celebration, we think, calls for a special cocktail. Much like we’re changing the finance landscape, we shook up the bar that night, too. We scoured the Internet and consulted our friends in hospitality to come up with our very own GROUNDFLOOR cocktail. The cocktail was inspired by Dr. Mozley’s Lemon Elixir which you can read more about in a previous blog post.

Now, we need a name for it. And, we need your help naming it. Head over to our Facebook page where you will find an album of photos with potential cocktail names. Browse the photos and click like to cast your vote. We will tally the results and announce a winner by popular vote in the coming weeks in a blog post.

Cheers friends!


Celebrating IGE with Secretary of State Brian Kemp

Secretary of State Brian Kemp with Co-Founders Brian Dally and Nick Bhargava

As previously covered in this blog, GROUNDFLOOR has come a long way since moving to Georgia. Our community of lenders has more than tripled in size. We’ve watched that community fund 26 loans to date totaling $1,300,000 – and that number continues to grow. We’ve added new members to our team, welcomed a dozen new borrowers and made many new friends along the way.

This week, we threw a party to celebrate those milestones and were honored to have Secretary of State Brian Kemp join us (photo).

We moved our company to Georgia last fall in large part because of the Invest Georgia Exemption (IGE) championed by Secretary Kemp. During his remarks at the party, he highlighted GROUNDFLOOR as an example of how IGE helps make Georgia a great place to do business, particularly for small businesses and startups. Georgia was one of the first two states to introduce legislation such as IGE–and now over 20 more have followed suit.

Thank you Secretary Kemp and thank you Georgia for leading the way in crowdfinance, and for the warm welcome and continued support.


Share the Wealth: A brief history.

Former US Senator Huey Long delivers his Share Our Wealth national radio address.

Recently, we’ve encouraged you to “share the wealth” and help grow the GROUNDFLOOR community. Today, we’re offering some insight into where that phrase originated.

Do you remember Huey Long from history class? He is one of the most notable governors of the state of Louisiana. Fiercely devoted to economic parity, he radically changed the tax systems in the state and put the increased revenue to work building bridges and roads, modernizing utilities, tripling the size of Louisiana State University, and more.

Wildly popular, he was elected as Governor in 1928. Not long after in 1930, he was elected to the United States Senate and took Washington by storm with his “Share Our Wealth” movement, also known as “Share the Wealth”. The movement gained momentum after a national radio address by Long in 1934; and even put Long in a great position to run for president in the upcoming 1936 election.

Long was so committed to his “Share the Wealth” movement, that he commissioned Ina Ray Hutton and her all-girl orchestra, The Melodears, to record a song to use while campaigning. The song, “Every Man a King” refers to Long’s campaign slogan alluding to the “Share the Wealth” movement providing income for every man.

In the same spirit, make every man a king and #sharethewealth – the GROUNDFLOOR wealth, that is. Invite your friends to earn an average 12% return by investing through GROUNDFLOOR.

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The Necessary Evil: Income Tax


It’s tax time. We hope your pockets are being lined with refunds (and that you have plans to invest that refund with us). We did some digging to learn why April 15 is Tax Day. Here’s what we found, including a history of income tax.

On Independence Day in 1861, President Abraham Lincoln called Congress into a special session to explore the legislative options for war. The country was at odds and the South was on the verge of secession. One of the biggest problems Congress faced was the financial implications of a war. In order to raise enough revenue to support the Union troops and a war, Congress levied a three-part tax and tariff plan.

That plan, the Revenue Act of 1861 was drafted by the Chairman of the Senate Finance Committee at the time, Senator William Fessenden of Maine, who would later became the 26th Secretary of the Treasury. The act was drafted, passed the Senate and the House, and signed into law by President Lincoln, but not without some fanfare. Representative Thaddeus Stevens, Chairman of the House Committee of Ways and Means noted that the bill was “a most unpleasant one” and that the taxes and tariffs levied were “necessary evils”.

Necessary evil, indeed. Only a year later, the Act was repealed only to be replaced by the broader Revenue Act of 1862. The new broader act called for the creation of the Office of the Commissioner of Internal Revenue, imposed the first progressive income tax on Americans,  and also expressly set forth an end date to income tax of 1866.

The government was still strapped for cash with the ongoing Civil War; and as a result Congress passed the Revenue Act of 1864 which increased the progressive tax rates. The Act ultimately expired in 1873. Two decades later, Congress again reformed tax law and passed the Wilson-Gorman Tariff Act of 1894. This act was challenged and found unconstitutional in the Supreme Court case Pollock v. Farmers’ Loan and Trust Company.

Flash forward almost another two decades to when the 16th Amendment was ratified giving Congress the legal authority to tax all incomes. The amendment was adopted February 3, 1913 and Congress chose March 1 as the filing deadline. Tax Day was moved to March 15 with the Revenue Act of 1918. And in 1955, Tax Day was moved to its current date, April 15.

We like to think of April 15 at GROUNDFLOOR as Investment Day rather than Tax Day. So, join the community of 3,200 and growing and celebrate Investment Day with us by funding a loan today.