All financing is provided by Quid Capital Fund III, LLC, 100 Wilshire Blvd. Suite 1830, Santa Monica,
California 90401. Quid requires certain supporting documentation with each new application.
Credit approval is subject to Quid’s underwriting, and actual terms (including financing amount)
may vary by applicant.
Each financing is collateralized by certain shares of private stock (the “Target Stock”) owned
by the applicant in a company approved by Quid (each a “Target Company”). The cost of financing
includes an initial fee, interest and an incentive fee representing a percentage of the Target
Stock owned by the applicant or value thereof. The cost of financing varies widely depending in
part upon whether the Target Company achieves a liquidity event, the value of the Target Stock at
the time of the liquidity event and Quid’s underwriting process.
You may repay the financing early with no prepayment penalties. Fees apply and affect the amount of
cash you receive. Closing on your financing is contingent upon your agreement to the terms and
conditions set forth in the funding agreement to be provided to you following completion of the
underwriting process.
Quid and its affiliates do not provide legal, tax or accounting advice. This site and all of its
contents, including the blog articles, have been prepared for informational purposes only, and is
not intended to provide, and should not be relied on for, tax, legal or accounting advice.
You should consult your own tax, legal and accounting advisors before engaging in any transaction.
California loans are made or arranged pursuant to Quid’s California Financing Law License #60DBO-125918.