> ## Documentation Index
> Fetch the complete documentation index at: https://docs.inkwell.finance/llms.txt
> Use this file to discover all available pages before exploring further.

# Guide for Borrowers

> How to get funding through Inkwell Revenue Marketplace

> **CONFIDENTIAL & PROPRIETARY © 2026 Inkwell Finance, Inc. All Rights Reserved.**
>
> This document is for informational purposes only and does not constitute legal, tax, or investment advice, nor an offer to sell or a solicitation to buy any security or other financial instrument. Any examples, structures, or flows described here are design intent only and may change.

## Getting Started

Welcome! This guide will walk you through how to borrow capital using Leviathan by Inkwell Finance.

<Note>
  **Current Traction & Launch Path (December 2025)**

  * ✅ **Technology Validation:** Architecture proven on testnet with Ika ecosystem partner; utilizing Ika's EdDSA upgrade for native BTC enforcement (no bridge)
  * ✅ **Primary Pilot Partner:** Full Sail (Sui-native DEX) — MOU and LOI signed
  * 🔄 **Active Pipeline:** Multiple mainnet protocols in active term-sheet and LOI discussions
  * ⏭️ **Q2 2026:** First funded loans via parallel SPV (\$5-10M)
</Note>

## Why Choose Revenue-Based Financing?

<CardGroup cols={2}>
  <Card title="Keep Your Equity" icon="shield-check">
    You keep 100% ownership of your business. No dilution, no board seats, no loss of control.
  </Card>

  <Card title="Flexible Repayment" icon="arrows-rotate">
    Payments scale with your revenue. If revenue drops, payments drop. If revenue grows, you pay off faster.
  </Card>

  <Card title="Fixed Cap" icon="lock">
    Know exactly the maximum you'll ever pay. Once you hit the cap (e.g., 1.3x), you're done.
  </Card>

  <Card title="Fast Approval" icon="bolt">
    On-chain revenue gets approved in under 3 minutes. Off-chain revenue in hours to days.
  </Card>
</CardGroup>

## Step-by-Step Guide

### 1. Prepare Your Revenue Data

Before creating a loan request, gather your revenue information:

**For On-Chain Revenue:**

* ✅ Protocol fees, token royalties, NFT sales are automatically verified
* ✅ No manual data sharing required
* ✅ Instant verification via blockchain oracles

**For Off-Chain Revenue:**

* 📊 Connect accounting software (QuickBooks, Xero)
* 💳 Connect payment processors (Stripe, PayPal, Shopify)
* 📄 Provide attestations from trusted data providers

<Tip>
  **On-chain revenue gets the fastest approval** (under 3 minutes) because it's already public and verifiable on the blockchain.
</Tip>

### 2. Choose Your Loan Terms

Decide on your loan structure:

**Principal Amount:**

* How much capital do you need?
* Consider your monthly revenue and growth plans

**Repayment Cap:**

* **1.2x** - Lower cost, shorter term (\~12 months)
* **1.3x** - Balanced option (\~18 months)
* **1.5x** - More capital, longer term (\~24 months)

**Payment Schedule:**

* What percentage of revenue can you comfortably repay? (typically 5-10%)
* Monthly payments or real-time streaming (on-chain only)?

**Collateral (Optional):**

* Provide on-chain collateral for better terms
* Or go unsecured based purely on revenue

<Note>
  **Example Calculation**

  You want to borrow **\$100,000** at a **1.3x cap** with **5% monthly revenue share**:

  * Maximum total repayment: **\$130,000**
  * If your monthly revenue is \$50,000, you pay \$2,500/month
  * At that rate, you'd pay off in \~52 months
  * But if revenue grows to \$100,000/month, you pay \$5,000/month and finish in \~26 months
  * Once you hit \$130,000 total, you're done—no more payments
</Note>

### 3. Create Your Loan Request

Connect your wallet and create a loan request with:

1. **Principal amount** - How much you want to borrow
2. **Repayment cap** - Maximum total repayment (e.g., 1.3x)
3. **Target term** - Expected duration (e.g., 18 months)
4. **Revenue proof** - On-chain data or off-chain attestations
5. **Use of funds** - What you'll use the capital for
6. **Collateral** (optional) - On-chain assets to secure the loan

The protocol creates a **deal listing** that lenders can review and fund.

### 4. Wait for Funding

Once your deal is listed:

* **Lenders review** your revenue history and terms
* **One or multiple lenders** can fund your deal
* **You'll be notified** when funding is complete
* **Funds are released** to your wallet

<Tip>
  **Improve your chances of getting funded:**

  * Provide detailed revenue history
  * Be transparent about use of funds
  * Consider offering collateral for better terms
  * Choose competitive repayment caps
</Tip>

### 5. Set Up Security & Receive Funds

Once funded, you'll complete the security setup:

1. **Complete Ika integration** (non-custodial security)
2. **Migrate your revenue** to the secured structure
3. **Receive capital** (USDC or bank wire)
4. **Repayments begin** automatically

<Note>
  **Zero-Trust Non-Custodial Enforcement**

  Inkwell uses Ika's 2PC-MPC infrastructure for non-custodial security:

  * No single party has unilateral control over funds
  * Automated enforcement without manual intervention
  * No bridging, no court order required
  * Meets institutional custody standards (CIMA/MiCA frameworks)

  Technical implementation details are available under NDA. Contact [security@inkwell.finance](mailto:security@inkwell.finance) for more information.
</Note>

**For On-Chain Revenue (Streaming):**

* Repayments happen automatically from your dWallet
* Remaining revenue flows to your wallet in real-time
* No manual processing required

**For Off-Chain Revenue (Monthly):**

* Make monthly payments via ACH or wire
* Protocol tracks total repaid amount
* Flexible if revenue fluctuates

### 6. Complete Your Loan

Once you hit the repayment cap:

* ✅ Loan is marked as **fully repaid**
* ✅ **Full dWallet control returned** to you
* ✅ No more payments required
* ✅ No ongoing obligations
* ✅ Collateral (if any) is returned to you

You're done! You kept 100% equity and have no further obligations to lenders.

## Best Practices

<AccordionGroup>
  <Accordion title="Choose the right repayment cap">
    * **1.2x** - Best if you have strong, stable revenue and want to minimize cost
    * **1.3x** - Balanced option for most businesses
    * **1.5x** - Best if you need more time or have variable revenue

    Lower caps = lower cost, but faster repayment required.
  </Accordion>

  <Accordion title="Be realistic about revenue projections">
    Don't overestimate your revenue growth. If revenue drops:

    * Your payments drop (good!)
    * But your loan term extends (takes longer to finish)

    Be conservative in your projections to avoid surprises.
  </Accordion>

  <Accordion title="Consider collateral for better terms">
    If you have on-chain assets (tokens, LP positions), providing collateral can:

    * Lower your repayment cap
    * Increase your chances of getting funded
    * Attract more lenders

    Collateral is returned when you fully repay the loan.
  </Accordion>

  <Accordion title="Communicate with lenders">
    If your revenue drops significantly:

    * Be transparent with lenders
    * Discuss restructuring options
    * Provide updates on recovery plans

    Lenders appreciate transparency and may work with you on flexible terms.
  </Accordion>
</AccordionGroup>

## Common Questions

<AccordionGroup>
  <Accordion title="What if I can't make a payment?">
    If your revenue drops and you can't make payments:

    * **Payments automatically adjust** to your revenue percentage
    * If revenue is \$0, payment is \$0
    * The loan term extends, but you're not in default
    * You can discuss restructuring with lenders if needed
  </Accordion>

  <Accordion title="Can I repay early?">
    Yes! You can repay early without penalty. If you have extra cash flow, you can:

    * Make larger payments than the minimum
    * Pay off the remaining balance in full
    * Save money by finishing faster
  </Accordion>

  <Accordion title="What happens if I default?">
    Default handling depends on your loan terms:

    * **Secured loans:** Collateral may be used to repay lenders
    * **Unsecured loans:** Lenders may pursue restructuring
    * **Streaming loans:** Automatic enforcement reduces default risk
  </Accordion>
</AccordionGroup>

## Ready to Get Started?

<Card title="Create a Loan Request" icon="rocket" href="https://app.inkwell.finance/revenue-marketplace">
  Connect your wallet and create your first loan request
</Card>

## Need Help?

* **FAQ:** [Common questions](/leviathan/revenue-marketplace/faq)
* **Discord:** [Join our community](https://discord.gg/ggGfKnDwXQ)
* **Email:** [support@inkwell.finance](mailto:support@inkwell.finance)