Source: STM.co
| Total Raise | $150,000,000 USD |
| Soft Cap | - |
| Raise Status | Closed |
| Minimum Investment | $1,000,000 USD |
| Accepted Investors | International Non-US |
| Exemptions | N/A |
| Instrument | Private Credit |
| Token Issuance Info | N/A |
The Company provides a point-of-sale, lease-to-own solution for underserved customers enabling purchases of durable goods such as furniture, mattresses, and appliances. The Company funds purchases in the range of $300 to $5,000 and targets sub and near-prime borrowers (average 600 FICO score) with an average lease size of $1,000, established 12-month or 24-month term, and a 1.8x - 2.6x rent-to-own multiple. The Company’s proprietary underwriting model verifies FICO and collects additional data from third-party providers s to analyze numerous variables to evaluate and approve users.
Details
Rates
Fees
| Blockchain | Contract Address | Block Explorer |
| ZKSync Era | 0x1F179A51Ab46252f469733DFcbD9115090A91f03 | Click here |
