Full control of terms
- Set your own rate, schedule, and conditions
- Digital sign-off from both parties
- Automated payment reminders
- Full payment and balance history
For business
A private IOU your business fully controls.
Set your own terms with a lender, partner, or customer. Track every payment. And if you ever need more capital than one private lender can provide, open the same IOU to public investors without starting over.
Built for direct agreements
Custom terms, without losing the paper trail.
A private IOU is a documented agreement between your business and a specific lender or partner. Nothing is public until you decide it should be.
Open it up for more funding
If your private lender can't cover the full amount, or you want to expand the deal, you can open the same IOU to the public marketplace to raise the rest from other investors — the original private terms and record stay intact.
- Keep your original agreement in place
- Raise additional capital from vetted investors
- One funding record, one repayment schedule
How it works
From private agreement to public funding, if you need it.
1. Create your private IOU
Define the amount, rate, and repayment schedule with your lender or partner.
2. Manage it privately
Track payments, balances, and terms in one place. Nothing is shared publicly.
3. Open it up if needed
Need more funding? List the remaining amount on the public marketplace for additional investors.