Yield seekers
Put your cryptocurrency to work by financing rental factoring & earn strong yields
How it works
Propfac maintain a creditor book of rental income due. The rental income due per month is updated continuously as we onboard new agreements.
Each month, a fixed number of PFX token is made available for sale directly from PropFac, the amount is determined by the number of new agreements predicted to be billing in the next calendar month.
Each month, the total received rental income is divided amongst PFX holders on a rate equal to the token held per wallet as a percentage of the total amount in circulation.
Propfac use the proceeds of the sale of PFX to fund new agreements.
What about recourse?
All bad debt provision is the responsibility of the property owner (the Propfac client). We obtain liens/charges over property as well as CPA. Investors will never bear the consequences of missed payments.
How are Payments Made?
Payments are made on the last day of each month via USDC (Base) to all accounts holding NFT's. The first month's payment is made pro-rata depending on the acquisition date.
Are nft's tRADEABLE?
You can trade NFT's P2P or by listing on trading platforms.
THE FUTURE?
In the future we envisage extending our automated solutions to the home and auto loan markets as well as commercial invoice financing.