Your Sivo Debt line works much like a secured line of credit and just like a line of credit, your Sivo Debt line has a limit. This limit is variable and is based on the balance of your Sivo Cash account.
When you deposit funds to your Sivo Cash account, your Sivo Debt line is activated. You can create a Level I credit product and draw down (withdraw) as much or as little as you need.
Each time you make a drawdown from your Sivo Debt line, you’ll accept lending terms including the APR % you’ll pay Sivo.
When you get started with Sivo, your Sivo Debt line typically starts out as 1:1 leverage with a limit that reflects the available balance of your Sivo Cash account. If the balance of your Sivo Cash account is $1,000,000, you’ll be able to borrow up to $1,000,000 from Sivo. The balance of your Sivo Debt line is secured against funds in your Sivo Cash account.
This approach provides originators with fast access to debt capital while working toward increasing leverage to 2x, 5x or even 10x the balance of your Sivo Cash account.
That 10x example would mean that with a $1,000,000 Sivo Cash account balance, you could borrow up to $10,000,000 from Sivo.