Frequently Asked Questions
Everything about how Everrion works for SMBs and funders. Use the search below or browse by topic.
Getting started
What is Everrion?›
A platform that connects African SMBs with deal-specific funders. Funders provide working capital for a specific trade deal and receive an agreed profit share on completion—without requiring traditional collateral.
Who is Everrion for?›
Primarily African SMBs needing working capital to execute verified trade deals, and funders (qualified individuals, impact funds, banks, DFIs, corporates) seeking transparent, real-economy opportunities.
How do I get early access?›
Go to /early-access and submit the form or email us at the address in the footer. We’ll onboard you to the pilot with a short verification flow.
For SMBs
Do I need collateral?›
No. Funding is allocated per-deal and secured via verified contracts, milestone-based escrow releases, and counterparty checks—no traditional collateral required.
What documents are required?›
Typically: confirmed PO/contract, pro forma invoice(s), delivery terms (Incoterms), KYC/KYB, company registration, and where applicable export permits, insurance, or inspection certificates.
How fast can I get funded?›
After your documents pass checks, deals can move to funding in days. Turnaround depends on complexity, corridor, and whether syndication is needed.
Can I submit multiple deals?›
Yes. Each deal is vetted independently. Performance over time builds your digital footprint and helps unlock larger tickets.
What does the platform cost?›
We take a platform fee of 2% on successfully funded deals. There are no monthly subscriptions.
What if my deal isn’t fully funded?›
You can accept partial funding if it still works operationally, or leave the deal open for additional backers, or withdraw it any time before funds are committed.
What happens if a milestone is delayed?›
Funds remain in escrow until delivery proofs are verified. You can request timeline updates; partial releases follow the agreed milestone schedule.
For funders
What are typical returns?›
Illustratively 8–18% annualized depending on corridor, risk, and cycle length. The actual profit share is set per deal in the term sheet.
How is risk managed?›
Document verification, counterparty checks, programmable escrow with milestone releases, optional insurance/guarantees, and diversified syndication when appropriate.
Minimum ticket size?›
Depends on the deal. Many pilots accept smaller tickets to enable syndication; larger institutional tickets are also supported.
When do I get paid?›
On verified completion. Escrow splits principal and profit automatically according to the term sheet.
Do I need to be accredited?›
Availability varies by jurisdiction. Some opportunities are open to qualified/regulated investors only. We’ll guide you during onboarding.
Tax treatment?›
Jurisdiction-specific. We provide statements, but you should consult your tax advisor.
Deal mechanics & escrow
How do milestones work?›
A deal’s disbursements are split into milestones (e.g., PO verification, export docs, delivery). Each release requires documentary proof.
Who provides escrow?›
Reputable partners (banks/EMIs or licensed providers) per corridor. Details are visible in the deal room before you commit.
What if there’s a dispute?›
The platform pauses further releases, requests additional documentation, and applies the dispute resolution clause in the term sheet (which may include arbitration or reference to the escrow agreement).
Can a deal be canceled?›
Before funds are committed, yes. Once live, the term sheet governs exits, cancellations, and any break fees.
Verification & compliance
How are contracts verified?›
We combine document checks, counterparty/KYB/KYC, and optional third-party verifications (e.g., chamber/legalization, inspection). Fraud flags halt releases.
What is the AI credit scoring?›
A blended risk signal using documents, counterparties, historic performance, and corridor data. Humans remain in the loop for edge cases.
Which countries/currencies are supported?›
We prioritize corridors with clear banking and compliance rails. Coverage expands progressively; ask us about your route.
AML/CFT compliance?›
Yes. Users go through KYC/KYB and deal screening (sanctions/PEP/adverse media). Suspicious activity is blocked and reported per law.
Data privacy & security?›
We follow least-privilege access, encryption in transit/at rest, and adhere to applicable data regulations (e.g., GDPR/POPIA equivalents as required).
Fees & economics
Platform fee›
A flat 2% fee on successfully funded deals. No setup or monthly fees.
Other costs›
Some deals include third-party costs (escrow, inspection, insurance, FX). These are disclosed in the deal room before commitment.
FX & political risk›
Where available, we can surface hedging/insurance options via partners. Availability depends on the corridor.
Accounts & support
How do I contact support?›
Use the contact form or WhatsApp the number in the footer. Emails route to our support inbox.
Languages›
English and French are supported; more coming as we expand.
Accessibility & mobile›
We aim for clean, accessible UI with smooth, low-jank interactions, including reduced-motion support.