Financial services · powered by Slate
Float Capital
Statement extension, USD bridges, Pay Later, per-card boosts — repaid as Float already moves your money
Total approved line
$320,000.00
Active · Current on all repayments
Drawn
$84,200.00
Repaid
$18,420.00
Available
$254,220.00
Repaid
Outstanding
Available to draw
Float credit risk
0.00%
Slate underwrites every advance · 100% loss exposure on Slate
Slate first-loss escrow
20.00%
Posted in escrow against Boreal's line · cushion before Float facility is touched
Spread share to Float
50.00%
50/50 spread · Float keeps brand and customer · Slate runs servicing & collections
Active draws
Statement extension
March card statement · revolving balance
90-day revolving · auto-cleared as April card spend posts
Drawn
$48,420.00
$12,000.00 of $48,420.00 repaidNext: $12,000.00 on May 1
USD Bridge
AWS — April infrastructure
60 days · 6 payments · CAD repayment, USD locked rate
Drawn
$14,820.00
$2,470.00 of $14,820.00 repaidNext: $2,470.00 on May 30
Pay Later
Salon Centric — Inventory order
Net 60 · single payment from CAD account
Drawn
$4,820.00
$0.00 of $4,820.00 repaidNext: $4,820.00 on Jun 28
Card boost
Priya Khanna · Visa ••5219
Auto-cleared from monthly card spend
Drawn
$16,140.00
$3,950.00 of $16,140.00 repaidNext: $3,950.00 on May 6
Upcoming repayments
May 1
Statement extension · Cycle 1 of 3
$12,000.00
May 6
Card boost · monthly clearing
$3,950.00
May 30
AWS bridge cycle 1 of 6
$2,470.00
Jun 1
Statement extension · Cycle 2 of 3
$12,000.00
Jun 28
Salon Centric · Net 60
$4,820.00
Recent activity
| Date | Type | Description | Amount |
|---|---|---|---|
| Apr 28 | Repayment | Card boost monthly clearing | -$3,950.00 |
| Apr 22 | Draw | Card boost — Priya Khanna ••5219 | +$4,000.00 |
| Apr 18 | Repayment | Statement extension · cycle 0 of 3 | -$12,000.00 |
| Apr 18 | Draw | USD bridge — AWS April | +$14,820.00 |
| Apr 14 | Repayment | AWS bridge cycle 1 of 6 | -$2,470.00 |
| Apr 10 | Draw | Statement extension · March cycle | +$48,420.00 |
| Apr 4 | Draw | Pay Later — Salon Centric | +$4,820.00 |
Float Capital expands the existing $75M facility · Slate is the underwriting decision engine and absorbs every dollar of credit loss · 20% first-loss posted in escrow before Float exposure begins
