Hey Tinhat good post. Regarding credit risk they should/probably...

Hey Tinhat good post. Regarding credit risk they should/probably are looking at implementing a credit insurance policy which protects against bad debts - or they insist on the business using the funding have a policy. The funding would be recourse so if debtor didn’t pay the funding debt would revert back to client who took the loan out - due diligence credit assessment would be fully completed on the client by Invigo too.

Another concern is the amount of money they can borrow to lend. TBH they are probably going to need billions and I believe the ratio you can borrow is about 10-1 from reserve you have - that $2M lent to Invigo released I think about $20M in funding. Therefore to obtain $1B in funding they are going to need $100M at least to put up as security. This will be a challenge as they go through very quick growth.