Looking for answers? You came to the right place.
To make your visit worthwhile, this page has answers to most common questions about Corl and our revenue sharing on the blockchain.
We created Corl to reshape the process of raising capital for early growth businesses through flexible and entrepreneur-friendly financing terms. With no dilution, no loss of control, and no fixed repayment schedule, entrepreneurs can stay focused on growing their businesses. Revenue Sharing works like a royalty. Your monthly loan payment is based on a percentage of your monthly top-line revenue. If your revenues drop, so do your payments.
Our Revenue Sharing matures when a predefined total repayment cap is reached, and we target a 5-year payback term, depending on your unique situation. If your revenues grow faster than planned, you pay back the loan a little faster; if they are slower, then your payback is slower. Corl’s financing solution aligns our investors with your sales growth goals. We’re here to help you grow – on your terms. Request Early Access.
In the way that the software industry evolved to a more user friendly Software-as-a-Service model, for small business customers, we think it’s time for company financing & investing to do the same. What we call – Capital-as-a-Service. At Corl we believe that the following three principles are critical to creating a Capital-as-a-Service industry:
- Financing for long-term business growth
- Use technology to improve, not shortcut credit analysis
- Be entrepreneur-centric
Our team is working hard, but we’ll let you know as soon as we’re ready. Before we launch we’ll be opening up an early Beta version to a small group of our applicants, so hurry and reserve your spot by requesting early access!
Our revenue sharing model is best suited for online, software, technology and knowledge-based companies. Entrepreneurs in these high-growth, high-margin markets will find our model to be an exciting new way to raise growth capital without giving up equity. Companies with hard assets (i.e. collateral) will generally qualify for traditional loans that are better suited for their needs.
We will look for a percentage of revenue (in the range of 2% to 10%) until the total repayment cap is reached. Generally, this is calculated and debited monthly via pre-authorized payments.
Our revenue sharing or revenue-based financing model is best suited for companies that have been generating a consistent revenue in the past 6-12 months.
If you’re a pre-revenue company, you can still request early access so that we can keep you on our radar. You can also sign up for our newsletter to receive occasional emails containing company resources, news, and tips on how to grow your business. We encourage you to keep us in mind when you get further with your revenue model.
We’re currently offering Revenue Sharing investments ranging from $50K-$500K CAD. You can qualify for a loan for up to 4X your Monthly Recurring Revenue. So if you are on track for $50K in sales this year, we can invest about $200K.
We’re launching in Canada for now, with plans to expand to other countries shortly after. That doesn’t mean we don’t want to be helpful to you. Please send us a message to firstname.lastname@example.org, and we will try to help you in the meantime. To stay in the loop on Corl and find out when we’re expanding internationally, sign up for our newsletter.
Unlike a traditional loan, the revenue-sharing model doesn’t have a fixed monthly payment amount. Instead, the payment due floats with your monthly revenue, such as 5% of topline revenue. So, if you beat your goals and grow faster, your “rate” goes up, but if you miss your plan, your “rate” goes down.
Yes. Corl is taking a lot of risks, we think a high return is fair. If you think about it, it’s not so high considering the stage of businesses we target. While the rate might be high, a business with solid gross margins and proper growth plan can afford our revenue-sharing percentage.
Unlike most token offerings, the CRL Token (CRL) represents equity ownership in Corl, the company that invests directly in private companies with revenue-sharing agreements. In addition to equity ownership, the token issues dividends on a quarterly basis based on a fixed percentage of the company’s profits. By offering the token through a token sale, investors from around the world will have the opportunity to participate in the revenue growth of early-stage companies, without the disadvantages associated with traditional investment options.
Corl Financial Technologies Inc. (Corl) is launching the Corl Token (CRL), the world’s first revenue-sharing token designed to support and participate in the growth of emerging technology companies. By design, CRL represents equity ownership in Corl, a company that provides revenue-sharing financing to high-potential early-revenue companies.
The Corl token utilizes blockchain technology to issue dividends to our investors and provides a transparent and KYC-compliant decentralized market for peer-to-peer (P2P) token transfer. Unlike traditional tokens on the market, CRL is based on a profit-sharing model, whereby investors receive a continuous stream of quarterly dividends in the form of Ether (ETH), based on future earnings of Corl.
The nice thing about blockchain is that it will offer anyone from any part of the world the chance to invest in technology companies using Ether (ETH), generating profits paid in ETH. We are currently working with the Canadian regulators to ensure compliance for all type of investors. We will be providing more information prior to our launch.
Get Whitelisted to stay updated as we open up the platform to early investors.
Investing in technology companies is a great way to put your money to work for both compelling returns and measurable impact. But it’s difficult for most investors to participate in this opportunity.
This is where Corl comes in.
Our revenue-sharing (a.k.a revenue-based financing) investments are backed by a diversified portfolio of loans in emerging companies that are already operational and generating steady revenues – revenues that are used to pay investors like you. Get Whitelisted
We expect that, given our focus on software companies, a sizeable percentage of our portfolio will either get sold to an acquirer or go public during the term of our investments. If this occurs, the company will be required to buy out the remainder of our debt contract. This will mean accretive cash to Corl due to the terms of the buyout and any related warrants that Corl may have.
Our IRR target is 15-30%, calculated over the life of the deal, which is typically 2 to 5 years. Given the underlying growth curve of the companies we invest in (> 20% year over year), our royalty stream exhibits a similar growth curve. We receive relatively smaller payments at the beginning of our investment, which grow along with the investee’s revenue.
Our team has recently published our white paper. You can access it through our White Paper page.