Shanklin Hall, a social club centered at the intersection of creativity, community, and wellness, is seeking to raise $200,000 to expand its Adams Morgan location in Northwest with the help of everyday investors on SMBX Marketplace.
Sixty-five investors from across the country have already pledged $15,700 toward the expansion.
“We’re raising funds to expand Shanklin Hall with a second floor — with more vibrant event space with opportunities for even more artists and entrepreneurs alive,” a statement from the co-founders said. “We’re also working to secure resources for a state-of-the-art ghost kitchen concept, to offer more support to partners in the culinary space. By investing through SMBX, you’ll be directly contributing to our mission while earning returns on your investment. This isn’t just about Shanklin Hall — it’s about building a stronger, more equitable D.C. Together, we can create opportunities, foster connections, and leave a legacy that inspires generations.”
Shanklin Hall was founded by a close-knit group of friends and family who saw a pressing need for change in how we connect and fellowship. They created this social club to offer thoughtful, high-quality events that serve the Black community in the District focusing on depth and authenticity, filling a cultural void.
SMBX is a financial marketplace that connects qualified small business owners with everyday investors. By issuing a Small Business Bond, businesses can borrow money from existing customers and their community at competitive rates, raising the funds needed to expand their business.
Investors can buy Shanklin Hall’s Small Business Bonds for as little as $10 and earn 11.5% interest through direct monthly payments over five years.