That chicken-and-egg problem of not being able to get funding until you have a business, but not being able to build a business until you have funding? Solved. Get your funding at the idea stage, so you have the time and money to build.
Interesting idea, a well-structured verification process!
One question, why do choose to miss out on European and Asian entrepreneurs, who earn 100k a year?
@jas801 Thanks for checking us out! We would love to offer this internationally, and hopefully we will be able to at some point! Right now we're partnered with an amazing sponsor bank, Continental Bank, to make these loans possible, and their license is based in the US, so we are only able to lend within the US.
Also worth noting you do not have to be a full US citizen however to be able to receive the loan—as long as you are a resident with a US social security number, you will meet that part of the criteria.
Haha @wherelambo we'll take the wins where we can get them. Happy to answer any questions you have as well if there's anything you're not sure about with the product.
Thanks @odt___! Good luck with your upcoming launch!
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Such an awesome product! I’m excited to see more financing options for very early stage startups, and I look forward to seeing what else y’all come up with in the future.
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