Mining Finance
Bancobras Inc encompasses various mechanisms and strategies aimed at funding and facilitating innovative ventures, technologies, and projects. Innovation finance often targets high-risk, high-reward initiatives that may revolutionize industries or address pressing societal challenges. It promotes entrepreneurship, fosters research and development, and accelerates the commercialization of groundbreaking ideas. By bridging financial gaps and mitigating risks, innovation finance fuels progress, drives economic growth, and cultivates a dynamic ecosystem conducive to innovation and creativity.
The Engagement Process
After making contact with Credebt Mining®, an appointment will be arranged with a Finance Specialist. Typically, this is a 30 minute call. The Specialist will get a clear understanding of your business and your finance requirements. Afterward your requirements will be summarised in an email. Upon confirmation of our understanding the Specialist will ask for documentation to support your application.
Upon receipt of the requested documentation the Specialist will prepare a proposal for the Trade Desk. If the Trade Desk agrees in principal with the finance being sought, they will issue a Revolving Purchase Agreement [RPA] quotation. This is a single page document.
The RPA is a document that is unique to Credebt Mining®.
A team member will then call you to explain this document in detail. You may then confirm the finance request, submit the online application and begin trading.
1 | Initial Call | 30 minute call with finance specialist |
2 | Summary of Requirements Email | We email you a Summary of Requirements confirmation |
3 | Confirmation of Understanding | You confirm that this is correct. |
4 | Supporting Documents | You supply the supporting documentation for your application. |
5 | Trade Desk Review | Trade Desk reviews the proposal. |
6 | 6. RPA/Term Sheet issued | RPA [Revolving Purchase Agreement], single page term sheet document is issued for your consideration. |
7 | RPA Review Call | We call you to go through the RPA in detail. We guide you through the RPA and answer any questions you may have. |
8 | Confirmation of Your Approval | You confirm that you agree with the terms and want to proceed. |
9 | Submit the Online Application | You submit the online application. |
10 | Begin Trading | You begin to trade. |