Name: Paintbrush
Rating: 4.6 (10 reviews)

That chicken-and-egg problem of not being able to get funding until you have a business, but not being able to build a business until you have funding? Solved. Get your funding at the idea stage, so you have the time and money to build.

Walk me through the worst-case scenario. I borrow $50K, quit my day job, but my new venture never gets going. I finally run out of cash in the middle of a recession, and have trouble landing a new job, and when I do, it doesn't pay as well as my old one. Does Paintbrush garnish my wages? Try to take my house? Sell the debt to a collection agency?

Nope, Paintbrush does not garnish wages or have to take your house. The Paintbrush Loan includes a provision for just this scenario, we call it the income-driven repayment. Using income as a guidepost to generate a repayment plan that pauses in the case of unemployment, or underemployment. You can read more about it here, but what it means is that Paintbrush Loan recipients are not punished for taking the risk of starting a new business. https://support.getpaintbrush.co... Fantastic question thank you Gregory.

Awesome product and offer so much security of mind. Cool idea to have the income-driven guarantee so if your business fails you know they aren't coming for your house.

Paintbrush

$50k funding at the idea stage—yes, really.

$50k funding at the idea stage—yes, really.

Paintbrush

$50k funding at the idea stage—yes, really.

$50k funding at the idea stage—yes, really.

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