How do I withdraw funds during my Small OPO?

A company is able to request a disbursement once both of the following have occurred:

  1. The company has exceeded its minimum funding goal in "cleared" funds + Credit Card commitments.
  2. The campaign has been live for at least 21 days.
     

How to Request a Disbursement

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  1. Login to your company StartEngine Account.

  2. Click the name in the top right corner then select "Campaign Progress" to request a disbursement.

  3. Select "Disbursements" tab and if you have sufficient funds you will be able to click the "Disburse Funds" button.

  4. Once you click "Disburse Funds", it will send a message to the StartEngine Account Services team to approve your disbursement. Once approved an automatic update will be posted on your campaign page, notifying your investors of your disbursement.

    Note: Once the disbursement is accepted by StartEngine, a notice will automatically be posted as an update on your campaign page with the required language. You are welcome to post a separate update with more colorful language, but do not post an update about your disbursement until it has been accepted by the StartEngine team.

  5. You should expect to have the funds in your account 10-14 days after the request was approved by the StartEngine team.

 

 

 

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