A stage is a part of a larger loan that’s split into smaller, manageable terms. Instead of raising the full amount all at once, the loan is divided into stages so companies and investors can move step by step.
Let’s take the avocado processing company as a real example.
All screenshots are from the Project section of our platform
- The company needs $750,000
- This project has stages from $18k to $36k with an 8-month term and a 23.20% APR.
- Once a stage of funding is completed, it appears in the Payment section. At the end of the term, the full loan principal is repaid to investors.
- The process repeats until the full $500,000 is raised and all investors are repaid.
This works like shorter mini-terms inside a bigger loan. It makes the process safer and more
transparent: investors get their money back gradually, while companies don’t need to wait until the full amount is raised to use the funds.