01
Secured against the hardware, every time
We lend against shippable hardware with a first-lien security interest. No second-lien, no mezzanine, no covenants on your company.
About
A merchant bank built for the credit of compute.
We finance AI infrastructure from the supplier deposit through 36 to 48 month term debt. Deals sized between $25M to $250M. For the largest deals, we originate government-backed capital private lenders cannot match.
I.Origin
Incubated by Metaversal Ventures.
Incubated by Metaversal Ventures — builders of the world's first on-chain GPU financing.
That heritage gave us two things most credit shops can't replicate: a working understanding of how GPU hardware moves through OEMs, distributors, and data centers, and the relationships with the institutional partners willing to fund it.
Built by operators who financed the first on-chain GPU deal. Now structured for traditional institutional credit at scale.
II.What We Do
Two businesses. One counterparty.
Deposit Finance — up to 70% of your supplier deposit, paid straight to the OEM, reseller, or integrator. Same paperwork as everything that follows.
Manufacture-to-Install Bridge — we fund the hardware from purchase order to power-on. Up to 120 days, senior secured on the equipment, non-recourse to your company. One deal at a time, or a standing line that funds same-day.
Term Finance — 36 to 48 months once the cluster is live and contracted. 70% to 80% LTV, non-recourse, from ~9%. Your bridge converts straight into it on pre-agreed pricing.
Federal Advisory — origination and structuring across EXIM, the DFC, and the Department of Energy for deals from $50M to $2B. Typically 200 to 400 basis points a year cheaper, with 60 months or more of additional tenor.
III.Principles
Four rules we don't bend.
02
We can hold the paper to maturity
Deposit, bridge, and 36 to 48 month term debt come from one counterparty.
03
An honest no in week one
We publish what we won't finance before we describe what we will. An honest no in week one is worth more than a maybe in month three.
04
On your schedule — not a credit committee's
Indicative pricing in 48 hours, close in two to eight weeks, same-day draw on a standing line. Standard paperwork in a jurisdiction where we can perfect and enforce the lien.
IV.How It's Funded
You sign with us. The funding is already in place.
Your deposit, your bridge, and your term debt are secured by the same hardware and the same contracts, so the step from one to the next is automatic. Nothing to re-paper, no new lender to educate.
Behind every facility are institutional partners with deep balance sheets — a regulated U.S. bank, a publicly traded lender, and a digital credit network.
Get a quote
Tell us the size, the asset, the location, and the timing. We'll quote within 48 hours.
Five questions, no data room, no credit pull. $25M to $2B, one counterparty from supplier deposit through term.