Lend against verified invoices

Lend to verified small businesses against tax invoices Chainlink checked with the tax office. About 16% a year, repaid per invoice.

For:
Funder

Invoices looking for funders

Reading vaults from the chain…

My loans

Connect a wallet first

Your loans are read from every vault you put money into.

Before you lend

  • Wallet connected
  • Identity verified (KYC)A verification provider (simulated) issues a Chainlink ACE credential to your wallet. Vaults only accept money from verified wallets.
  • Balance Rp0 MockIDRXMockIDRX is pretend rupiah for this demo.

How lending works

Step by step

  1. Pick a verified invoice

    Each card is one Faktur Pajak, checked with the tax office before it appears here.

  2. Lend any amount

    Many funders share one invoice. If it isn't fully funded by the deadline, everyone gets their money back.

  3. The seller is paid when it's full

    80% of the invoice goes to the seller at once; 17% stays in the vault as a safety buffer.

  4. Withdraw with your return

    The seller pays 1.5% per 30 days. 90% of that goes to funders, split by how much each lent; 10% is the Fakturin fee. E.g. 60 days: lend Rp97M, get Rp99.7M back.

Risk: if the seller doesn't repay, funders share only the safety buffer (about 17%). Simulated All amounts are test money.
Words used on this page
Faktur Pajak
The official tax invoice a VAT-registered business (PKP) issues to its customer in Coretax. Each has a unique number.
Invoice financing
Getting paid now for an invoice your customer will pay later. Funders lend the money; you repay when your customer pays.
Vault
A pool of money for one invoice, run by a smart contract. Funders put money in, the seller is paid from it, and repayments go back into it.
MockIDRX
A test copy of IDRX, a rupiah stablecoin (1 token = Rp1, 2 decimals). It has no value and is not issued by IDRX; get it free with "Get test MockIDRX".
Approve
Giving a contract permission to take an exact amount of a token from your wallet. Nothing moves until the next step.
Network fee (gas)
A small fee the blockchain charges for every confirmed action, paid in test ETH on Arbitrum Sepolia.
Shares
Your receipt from a vault. They record your part of the invoice and are swapped back for money when you withdraw.
Default
The seller did not repay after the due date and a grace period. Funders then share the money held in the vault.