FAQs

Frequently Asked Questions

About Taygre Capital

Taygre Capital connects investors and businesses by matching their financial demands on our platform and assisting them in closing deals. Prospective businesses and investors submit Loan Requests and Loan Offers, indicating their preferred loan parameters such as interest rate, length, loan amount, and so on. The interest rate is set at a level that should be appealing to both investors and businesses seeking risk-free funding. All loans are backed by crypto collateral, and the value of pledged collateral is continuously monitored at all times to provide full risk coverage. Collateral stays the borrower's property and is swiftly restored upon loan repayment.

Borrowers' crypto collateral is used to secure Taygre Capital loans. The crypto collateral value is constantly maintained to ensure that the loan amount is always covered by crypto collateral. Borrowers are asked to add cryptocurrency to their collateral if its value falls.

Borrowers and investors select their own interest rates when they make Loan Requests and Loan Offers. The interest rate is the cost of borrowing for the borrower.

Interest is computed using the formula: Daily Interest = (Loan Amount Interest Rate) / 360, where 360 represents the number of days in the year regardless of whether it is 365 or 366).

The loan-to-value (LTV) ratio is a percentage computation that helps determine the loan-to-value (LTV) ratio. To get the initial LTV ratio, add the loan and interest amounts, then divide by the amount of pledged collateral, and lastly multiply by 100.

Businesses & individuals can apply for loans once they have completed the KYC (Know Your Customer) stage on the platform and provided crypto collateral. Normally, this will only take a few clicks.

Collateral is an asset(s) that a borrower pledges as security for loan repayment to a lender. Collateral is needed to protect the lender from various financial risks including, but not limited to, borrower’s failure to repay the loan, market volatility or default, among other things.

User Account & Security

Online B2B lending secured by crypto collateral ensures that there are always funds available to repay the lender.

Taygre Capital offers a technology that enables safe B2B lending services that are highly resistant to malicious attacks. However, users must remember to stay on our platform at all times, specifically: 1) Verify that they have accessed our website, which is precisely taygrecapital.com; 2) Verify that they have gotten an email from our email address, which is precisely support@taygrecapital.com. Please exercise caution when clicking on hyperlinks. Remember that taygrecapital.com will never request your credentials by email.

Unfortunately, blockchain-based crypto transactions cannot be canceled or altered due to the nature of their protocols. Please double check all details including addresses before making payments.

Taygre Capital keeps the data of investors and borrowers, as well as any persons or businesses who use our website, discreet, secure, and private. The platform may use the information gathered to improve our product proposition or customer service, or to give information and updates about our services to our customers.

Verification Questions

Anti-Money Laundering (AML) and Know Your Customer (KYC) Policies are intended to prevent and mitigate the risks of us becoming involved in any type of illegal activity, including money laundering, terrorist financing, drug and human trafficking, proliferation of weapons of mass destruction, corruption and bribery, and to take action in the event of any type of suspicious activity by our customers. T he AML/KYC Policy addresses the following issues: -Compliance Officer; - Risk Assessment; -Identify Verification Procedures; -Transaction Monitoring

The Compliance Officer is the individual who has been duly authorized by us to guarantee the effective implementation and enforcement of the AML/KYC Policy. The Compliance Officer is in charge of overseeing all areas of our anti-money laundering and counter-terrorist financing programs.

According to AML/KYC Policy, our identity verification procedure asks the customer to supply us with the following papers upon registration: a) Identity Document; b) Address Proof; c) Business Information

A genuine, dependable, and independent source document including the following information: complete name, date of birth, customer photo, identification document serial number, and issue date. The customer may offer any of the following forms of documentation: National identification card (both sides) or national passport; international passport; driver's license (both sides). Please keep in mind that we will only accept documents as confirmation of your identity if they contain all of the information in Latin.

Yes, customer's identification information will be collected, stored and protected strictly in accordance with our Privacy Policy and related regulations.

Collateral Questions

Collateral is used to ensure that loans are repaid under all conditions. This provides advantages for the borrower as well. If the borrower is unable to repay the loan for any reason, they may simply wait until their collateral is transferred and their debt is returned.

The borrower retains ownership of the pledged crypto collateral. However, you can withdraw crypto collateral only when the loan has been repaid.

During your deposit, crypto collateral is placed to a wallet address issued by us for your Taygre Capital account.

At Taygre Capital, all cryptocurrency wallets enable multi-signature capability for ultra-safe and secure cold storage of pledged crypto collateral.

Pledged collateral will be transferred in full to the borrower's account, and both the borrower and the lender will be notified.

No, You cannot. You will have to sort the collateral before your loan can be approved for withdrawal