FAQs
How does it work?
Private Margin will lend money to founders for personal use against their privately-owned company stock.
Who will you lend to?
Private Margin will lend money to startup and scale up founders from companies that have successfully raised series B and C rounds of capital.
What's required to apply for a loan batch?
There are mainly three requirements your company will need to meet for you to be able to apply for a loan
- Funding: Your company has to have successfully raised money in a series B or above round.
- US-based: you and your company must be based in the US
- Valuation: your company needs to be valued more than $100m (we'll ask you for your 409a to confirm your FMV)
Once you are preliminary approved, besides DD documents, you'll be required to provide board approval.
How much will I be able to borrow?
You can borrow anywhere from $10,000 up to $3,000,000, provided it's not more than 20% of the value of your stock.