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I have two questions for you, so I figured I piggy back off this comment. * What does the entry level look like? This appears to be a decent way to launch a ho
by penagwin 7y ago
I have two questions for you, so I figured I piggy back off this comment.
* What does the entry level look like? This appears to be a decent way to launch a hobby into a business, but what is the income you're looking for? Does my app need to gross 1k/mo before it's an option?
* What are the term limits? Or what if the app is shutdown, or underperforms?
This appears to be a good way for people to launch hobby projects into full businesses, I was just wondering if that was indeed the case.
- harshadante 7y agoWe underwrite our loans based on factors that include your payment volume and history on Stripe. There’s no strict cutoff on how much sales you need to be eligible, but for now we require some payment history with us before we can qualify you for a loan. Eventually, we hope to be able to offer capital to virtually every business on Stripe—even those just getting off the ground!