As Bank Lending Trickles, Fishing Gear Company Tackles Crowdfunding

Classic fishing tackle entrepreneur is generating new product funding by “rewarding” project backers with first run units of a new line of bamboo casting rods.

Hillsboro, OR, October 31, 2011 --(PR.com)-- Headwaters Bamboo Rod Company, a maker of classic bamboo fishing rods, is thrilled to announce the launch of a new line of bamboo casting rods thanks to the innovative crowdfunding platform at Peerbackers.com. In a down banking climate where many small businesses have little access to capital to grow, Headwaters is finding a way to fund new product introductions.

Headwaters is working with Peerbackers.com, a new way to fund entrepreneurs. This concept, called “crowdfunding,” is an online platform that allows business owners to raise capital from their “peers”—in small increments—in exchange for tangible rewards.

The process is simple—Headwaters “rewards” project backers with an early edition bamboo casting rod at a significant discount. This allows Headwaters to immediately engage manufacturing resources and start marketing to retail customers—the opportunity is a win/win situation for both the backer and for Headwaters.

“Funding on Peerbackers.com allows us to move forward with introducing new products,” states a spokesman for Headwaters Bamboo Rod Company.

Headwaters is in its tenth year of providing well-respected bamboo fly fishing rods at affordable prices. Conventional anglers will now enjoy the beauty and elegance of a bamboo rod with the introduction of this new line of casting rods.

To view this project, visit http://peerbackers.com/projects/classic-bamboo-spinningcasting-rods online at the peerbackers.com website.

To learn more about Headwaters Bamboo Rod Company, visit http://www.headwatersbamboo.com.

Headwaters Bamboo Rod Company is a leading supplier of classic bamboo fishing rods. From their headquarters just outside of Portland, Oregon, Headwaters serves customers throughout the world.

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If you’d like more information about this topic, or to schedule an interview with David Rogers, please call at 503/640-5447 or send an email to david@headwatersbamboo.com.
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Headwaters Bamboo Rod Company
David Rogers
503-640-5447
www.headwatersbamboo.com
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