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Viewing profile — harshadante

harshadante

HN member
Joined
Tue, Sep 03, 2019, 8:54 PM UTC
HN karma
30
Public activity
8 items

About harshadante

helping to build Stripe Capital

Recent public activity

  1. comment
    Comment #20890573

    We’re working with banking partners to originate the loans. We’ll fund some of these loans ourselves, and we’ll also work with investors to help us extend even more capital.

  2. comment
    Comment #20890211

    We 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 …

  3. comment
    Comment #20889706

    Just in the US right now. We know the need for capital is global, and we’re working to expand this to EU businesses soon! However, we don’t have a specific timeline at the moment.

  4. comment
    Comment #20889592

    Hi there, this is Harsha from the Stripe Capital team. You are correct that the repayment rate (9% in this example) will stop once the loan amount and the fixed fee has been repaid…

  5. comment
    Comment #20889513

    Harsha from the Stripe Capital team here. The loan amounts, repayment rates, and fees shown on the landing page are just used as examples. That being said, the example you walked t…

  6. comment
    Comment #20889464

    Harsha from the Stripe Capital team here. Access to capital has been one of our top user asks, and users were excited about the possibility of Stripe leveraging our knowledge of th…

  7. comment
    Comment #20889262

    Harsha from the Stripe Capital team here. We’ve designed the program so that most offers take about 8-12 months to pay back, and therefore the repayment rate would change to reflec…

  8. comment
    Comment #20889082

    Harsha from Stripe Capital here. A ton of entities supply capital to businesses today -- it's one of the largest markets in the world. We aren't trying to beat anyone else. We're j…