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Topic: [ANN] [ICO] DEBITUM NETWORK - Borderless SME business funding ecosystem - page 71. (Read 58879 times)

full member
Activity: 658
Merit: 106
business funding? its like Borrowed money ?
It is business financing. We are going to offer products like factoring, VAT repayments, loans etc.
okay i understand now

thanks
good luck
member
Activity: 126
Merit: 10
Our new blog post with our real life story.

The problem of financing small and medium-sized enterprises, insider’s view – Debitum Network founder’s account

'Banks refused to help me throwing absurd reasons; the family wasn’t able to help because the sums required were too big. I was forced to sell a large part of the company’s shares to the investor just to survive. After the shares sale, and obtaining the vital cash injection, the company finished the year with a very solid profit. A few more weeks without money would have caused the company’s bankruptcy.'

https://blog.debitum.network/problem-financing-small-medium-sized-enterprises-insiders-view-debitum-network-founders-account/?utm_content=buffer876dd&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer
member
Activity: 126
Merit: 10
Good afternoon. Who will assess the likelihood of risks for a particular loan - your employees or special services in entrepreneur’s country?

Professionals like local risk assessors in each country and market segment will assess the risks of particular loans.
member
Activity: 126
Merit: 10
business funding? its like Borrowed money ?
It is business financing. We are going to offer products like factoring, VAT repayments, loans etc.
member
Activity: 126
Merit: 10
What is the minimum sum, that you need to invest to become one of the creditors on your platform? Or there are no limitations?
We are going to target more institutional investors to finance SMEs on the platform. However, financing products will be offered to individuals as well with no minimum investment.
full member
Activity: 658
Merit: 106
business funding? its like Borrowed money ?
member
Activity: 209
Merit: 10
What is the minimum sum, that you need to invest to become one of the creditors on your platform? Or there are no limitations?
full member
Activity: 308
Merit: 100
Good afternoon. Who will assess the likelihood of risks for a particular loan - your employees or special services in entrepreneur’s country?
full member
Activity: 252
Merit: 100
Hello. Is it advisable to use Debitum as a tool for long-term investments? I prefer to receive passive income, without interfering into the process itself.
member
Activity: 126
Merit: 10
Interesting project!could you describe it briefly?thank you!
We a blockchain based solution for small and medium business financing globally. There is a $2 trillion gap on small business financing worldwide and we want to solve it by connecting various local players and global investors.

How it works video: https://www.youtube.com/watch?v=rUX-Frw11zc&t=6s
newbie
Activity: 40
Merit: 0
Interesting project!could you describe it briefly?thank you!
full member
Activity: 392
Merit: 100
Is there any chance, that several large investors, together, can create some kind of monopoly and control loans rates on the platform?
full member
Activity: 252
Merit: 100
Hello. What is the priority for you: to enter developed countries’ markets or to enter developing countries’ ones? Personally, I support the second option.
member
Activity: 238
Merit: 10
Hello. When will begin the second round of the sale? I’m looking forward to it!
Don't worry, everything is going according to the plan. The sales will start on January 25
member
Activity: 196
Merit: 10
Hello. When will begin the second round of the sale? I’m looking forward to it!
member
Activity: 364
Merit: 10
What is the minimum loan period on your platform? I often need funds for a few hours, and I would not want to overpay for their use.
member
Activity: 126
Merit: 10
Thanks a lot for community support! We are happy to receive many questions about our project and discuss it.

Our Telegram community is growing every day. We have plenty of multilanguage groups and almost 4000 members in total.

Join us on our Telegram, support and discuss our project. Our core team is there every single day.

English (main group): https://t.me/debitum
Vietnamese : https://t.me/Debitum_vietnam
Italian: https://t.me/DebitumIT
Dutch: https://t.me/DebitumNetherlands
Ukrainian/Russian:  https://t.me/DebitumRU
Portuguese: https://t.me/DebitumPT
Spanish: https://t.me/DebitumSpanish
Russian для пpoфeccиoнaлoв: https://t.me/DebitumRussian
Chinese: https://t.me/DebitumChinese
member
Activity: 126
Merit: 10
What kind of debt collection methods are you going to practice?
Local debt collectors will be responsible for this. That is why we want to work with local services who are familiar with laws and practices in their countries.
QCT
newbie
Activity: 59
Merit: 0
What kind of debt collection methods are you going to practice?
member
Activity: 238
Merit: 10
Let’s say, that I have put 10 thousand dollars on my account, then I have invested in some companies and wait for revenue. How the funds will be allocated among them?
The way you want it. The amount of a loan, interest rates and terms are determined by an investor.
But if entrepreneurs consider my terms too overstated, and they will refuse to cooperate? Can I mark out somewhere, that I'm ready to bargain?

You will be able to communicate directly with entrepreneurs, that need a loan, and discuss all terms. The main requirement is that everything should be transparent.
Great. And will we have to hire a notary officer and pay him for formation of a contract or the procedure will be automated?
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