Re:Coronavirus Funding for Your Startup
by LordOfWolves on Wednesday March 18, 2020 @02:05PM
(#22619511)
I'd like to know what percentage of revenues they request in practice (according to their press page [1], it is between 1-10%).
If you are located within the U.S., is the primary benefit of utilizing Corl over the US' SBA the fact that payback is via revenue-sharing versus interest on debt (the size of the loan)?
If you are located within the U.S., is the primary benefit of utilizing Corl over the US' SBA the fact that payback is via revenue-sharing versus interest on debt (the size of the loan)?
[1]: https://corl.io/press
Obvious they are trying to take advantage of a crisis