COMMITMENT
$3M
24 month term
GATED CAPITAL
$2.40M
4 verified releases
HELD TO CLOSE-OUT
$450K
15% of commitment
THE COMMITMENT
POSTURE
DERIVED SCHEDULE
6 tranches · one decision roughly every 5 months
WHY THIS SHAPE
- 20% releases at inception. Front-loading capital into a relationship with no verified record is the single most common source of idle cash.
- 4 gated releases over 24 months — roughly one decision every 5 months, which is the cadence the verifying record (Independent verification report) can actually support.
- 15% held to close-out. It is the only leverage that still exists after the work is done.