How does this work?
The Microcredit Program is an angel investment channel available to Chisel partners. This is also considered part of the Pre-Seed funding round for Early Stage Startups. There are numerous investors connected to the platform. Upon approval of your funds, you will be given temporary access to the Dashboard and your funds will be escrowed into an account visible on your dashboard. (Remember, your contract with Chisel is effective beginning on the date payment is received or in other words, released from escrow.) Founders will have 21 calendar days to release the funds in their escrow or it will be returned to the program. Microcredit funds generally range between $5,000 and $20,000; however, this range can increase depending on the size of available investment capital. Funds available through this program are made in exchange for convertible debt or ownership equity.