credit reputation for businesses

Your business can be profitable and still be short on cash. Not because the money isn’t coming. Because it’s coming late. Float is built for that gap.
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Float Finance retweeted
we're exactly building this idea @Float_fi would love to connect with @desh_saurabh to discuss more on it.
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Float Finance retweeted
DEMO DAYYY ! Startup village Borneo. @SuperteamMY @Float_fi
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build your credit reputation on @solana justfloat.xyz
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More alpha coming out soon! Stay tuned
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Float Finance retweeted
This is where the build begins. Problems defined, first users secured during Roast My Pitch session 🔥 Our first batch of judges and mentors hit Startup Village Borneo on day 1: @GetVasily from @getblockio, @jemmmyjemm from @MonkeDAO, @OhMeOhMy_Sol from @Kyzzen_io, @hypetris_ from @elfa_ai, and @vesper792 from @meteoraEco.
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Sneak peek from Roast my pitch session at Startup Village @SuperteamMY !
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"You need a track record to borrow. You need to borrow to build a track record." Most business lenders want to see two years of trading history. A business under one year old gets turned down more than 65% of the time. And more than a quarter of young firms never even apply. They already know the answer.
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So why not a credit card? Because a card underwrites your past, and a new business does not have one yet. Why not on-chain lending? Because it only takes collateral a contract can sell in seconds. Tokens. If you had the tokens, you would not need the loan.
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Which leaves the oldest trap in credit. Everyone has to start somewhere. Right now, for a lot of these businesses, there is nowhere to start. That is the gap we find interesting.
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here at Startup Village Borneo! @SuperteamMY
Made with AI
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Float Finance retweeted
Replying to @Float_fi
@Float_fi got a mention at @SuperteamIN Comm Call! 🥳
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