They'll have a possible $10m loan book as collateral along with let's call it the current transaction loan book
Also CRO will put charges you would hope over the receivables of the businesses lent too which in turn becomes an asset for the DW lender if things go pear shaped
It won't be easy to get the DW but like I said previously it may need to include say free attach options in the company or ability to convert lending advances into scrip
Hence why it needs to be a group seriously aligned to the future growth of CRO which could only be beneficial for all imo
The interest charged is somewhat irrelevant as it's user pays and CRO will need to work that out but the terms may be highly favourable to the DW who like I said put their money in last on each loan and take first inc any interest - CRO stump up x% of the loans $ upfront and get their funds back last (after any losses etc)
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