As Bank Lending Trickles, Fishing Gear Company Tackles Crowdfunding

Online, October 30, 2011 (Newswire.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.