The Actors

Lenders

Satin lenders can access a new market for undercollateralized loans and earn higher yields compared to traditional finance. They take on calculated risks but are supported by Satin’s credit underwriting and insurance mechanisms.

Borrowers

Businesses that meet Satin’s criteria (including positive cash flow and verified business activities) can apply for undercollateralized loans after passing KYC and credit checks. Satin focuses on sectors like fintech, retail, and e-commerce, with plans to expand into additional industries in the future.

Underwriters (Credit Specialists)

Satin’s underwriters are experienced credit managers responsible for assessing the financial health of borrowers and managing loan terms. They participate in the platform’s governance and share in the revenue from loan origination and interest fees. Underwriters are required to stake and lock SATIN to align their interests with the success of the loans they underwrite.

Insurance Providers (Pool Cover Providers)

Satin uses a third-party insurance mechanism, where insurance providers contribute to a pool that acts as a capital buffer in case of defaults. These providers earn premiums from the interest income, while also ensuring that lenders’ funds are protected.