Debt lines are designed to get debt capital into the hands of lenders (whom we call originators), quickly. It literally takes minutes to create a debt line and draw down funds from your Sivo Debt line. A process that can take months or even years when dealing with typical sources of debt capital.
To get started, you’ll need to create a Sivo Debt Line to draw down (withdraw) funds from.
Steps to create a Sivo Debt Line
2. Head to Debt Capital > Debt Lines
3. Click the Create a debt line button.
4. Give your Debt Line name.
6. Complete the Debt Line creation questionnaire.
7. Once completed, you’ll be taken to the Get started page for your newly created Debt Line.
The Get started page shows you which actions you should complete next to activate your debt line, and allows you to setup a meeting with your assigned customer success manager (CSM). You’ll see information like the monthly payment required for you debt line, your current leverage and future leverage opportunities along with how to achieve those leverage steps.
Now that you’ve created your debt line, be sure to complete your company verification, fund your loss reserve, and accept your deal terms then you can draw down (withdraw) from your Sivo Debt line. Learn more about Sivo Debt lines.