Paintbrush

@alex_petruchio Thank you!

@kat_kennedy1 You can reapply as soon and often as you want. There is no application fee, and we only use a soft credit check, so it shouldn't negatively effect your credit.

@gregory_schulz I love this question, because not everything always works out the way a founder wants. Luckily, the Paintbrush Loan has a unique work out program under a default situation like you described. If a founder shuts down their business and is having trouble finding new work, repayments are paused. This pause lasts until they start making over $50k a year, or the 5 year anniversary of the loan origination date at which time unpaid amounts are waived. We hope people will consider starting a new company with a Paintbrush Loan, but I don't think founders should be forced into collections or lose their house just because they want to start a new business.

@samstoddard1 Paintbrush founders can absolutely change what they are working on post funding. The only limitations on the loan are gambling companies, content creation, and a few other no-go areas. But a product pivot is totally fine and even expected in some cases.

@kaela_worthen @sourabh_upreti We'd love to be available outside the US, hopefully soon.

@erkin_bek Thank you!

@trentmano Thank you! It took a ton of work, but we overhauled our entire process, including decisioning and payment rails, but also launched our API which allowed us to more directly connect with our bank partners.