‘divisia’ is a word we use for the state reached by the smallest number of participants necessary to embed internal control into a financial transaction via division of duties. Division of duties is the concept of having more than one person required to complete a task so as to prevent fraud and error and to build trust.

A ‘divisia’ on our system is a consortium of parties to financial transactions who can achieve internal control through agreement of the terms, conditions, roles and tasks necessary to complete those transactions from start to finish.

Our software platform maps and encodes the division of duties inherent within traditional financial transactions into a set of processes to be completed end to end (E2E) to achieve ‘divisia’.

integratedCAPITAL Ltd is a Switzerland based company which owns and licences the integratedCAPITAL systems (Smart Contract Systems, E2EFiPLATFORMS and iCAP Points) to compliant entities.

• Corporate Member Crypto Valley Association Switzerland
• UID company Identification Number CHE -438.415.937

integratedCAPITAL Pty Ltd holds a non exclusive licence to use the integratedCAPITAL systems in Australia. The company is regulated by ASIC and other professional bodies under current credit licensing laws.

• Australian Credit Licence 502 943
• Australian Registered Private Company ACN 606 746 650
• Member of MFAA (Mortgage and Finance Association Australia)
• Member of AFCA (Australian Financial Complaints Authority)
• Corporate Member of FinTech Australia

integratedPRIVATE Pty Ltd (an associated entity) is an infrastructure, network and private cloud hosting provider supplying IT services to support and maintain the integratedCAPITAL systems.

• Foundation Partner at NEXTDC B2 Brisbane
• Australian Registered Private Company ACN 620 074 740

integratedCAPITAL is currently a profitable platform built without external funding. Progress to date has been achieved entirely from revenue derived from licensing transactions.

integratedCAPITAL is owned and operated in Brisbane, Australia and is a member of the integrated CAPITAL Group. Richard McKeon is the founder and director of integratedCAPITAL. He is a Chartered Accountant with extensive experience arranging and managing finance for some of Australia's 250 Rich Listed Individuals and Family Offices.

Smart contracts are contracts whose terms are recorded in a computer language instead of legal language. Smart contracts can be automatically executed by a computing system, such as a suitable distributed-ledger system.

We issue utility tokens or iCAP Points as part of our licensing system. These points are released once a transaction has been completed as planned. For example, 10 loans repaid successfully will earn a borrower enough points to license an 11th loan of the same size for free.

integratedCAPITAL uses WebVOI, a verification of identity (VOI) service provided by InfoTrack. WebVOI employs technology driven validation such as facial recognition and Document Verification Service (DVS) to confirm identity. Completing a WebVOI takes 3 easy steps and can be done remotely from anywhere with an internet connection.

integratedCAPITAL is only accepting new borrowers by invitation at this time. If you are interested in becoming a borrower, please refer to our Private Lending Guidelines for more information.

We assess applications for business and investment purposes such as property developments and ventures. We do not offer any funding which is required to be regulated under the National Consumer Credit Protection act.

We evaluate all borrowers to establish creditworthiness. This may include credit inquiries or searches of the borrower or any of their associated entities.

integratedCAPITAL offers senior debt finance up to $50 million per facility (additional funding considered on a case by case basis). All loans are secured by 1st registered mortgage over property. We offer funding for the following approved purposes.

• Development Finance
• Stretch Development Finance
• Development and Profit Sharing Finance
• Residual Stock Finance
• Land LOC (Line of Credit)

Borrowers incur all costs associated with arranging and managing their loan. This includes lender fees, divisia licensing and other professional fees such as legal or certification costs.

To begin an application, we require the following information:

• Finance Synopsis
• Feasibility study or business case
• Breakdown of proposed funding requirements
• Company name

We compare this information with our Private Lending Guidelines. You will be notified of the outcome.

If it does meet our criteria, we conduct due diligence on the information supplied. We may contact you during this time to request additional information. If your application is acceptable and complies with our standards, we will issue a conditional letter of offer.

Upon acceptance of this offer, we require a deposit. The amount of this deposit will be specified in the conditional letter of offer.

Your interest rate will be determined on a risk assessed basis. It will typically be aligned with our Private Lending Guidelines and product term sheets, ranging from 5.5%-9.0% p.a. depending on the Loan to Value Ratio (LVR).

Once you have accepted the conditional letter of offer, the details of your loan will be shared with service providers such as lawyers and engineers as well as prospective lenders.

If the loan is not repaid within the term, an event of default occurs. This attracts the higher interest rate specified in your loan documents. Prior to this, you may apply for an extension to the term. However, fees and charges may apply. Please be aware of your obligations under the terms of all facility documentation.

You may pay your loan back at any time. Some facilities may include minimum interest charges or may be renewed on an ongoing basis but in general, we encourage borrowers to return funds as soon as they are able.

Your initial deposit is credited to your loan account and used to cover due diligence and loan preparation costs. Transaction costs incurred once the loan has commenced are charged to your loan account to be repaid with the rest of the balance.

We need to know the lender, the name of the lending entity and the bank account from which funds will be transferred when loans are funded. Your funds never leave your account unless you authorise the transfer, you are completely in control of your funds.

$1 million is generally the minimum loan size. integratedCAPITAL does not assess applications for smaller loans unless they are part of an ongoing arrangement.

Yes. Once facility documents have been signed, you are obliged to provide funds in accordance with the terms they contain.

We offer the following facilities and dispersement will vary depending on the product type. Some facilities are drawn down progressively throughout the duration of the approved purpose (e.g. Development Finance) while others are fully disbursed at settlement (e.g. Residual Stock Finance). Please refer to our product term sheets for more information.

• Development Finance
• Stretch Development Finance
• Development and Profit Sharing Finance
• Residual Stock Finance
• Land LOC (Line of Credit)

Interest is capitalised, meaning there are no regular interest repayments. Both interest and principal accumulate within the facility limit and are repaid using revenue from the borrower's project. The borrower is generally obliged to apply revenue to the repayment of their loan.

Senior debt is serviced as the highest priority and can usually be readily recovered. However, as a sophisticated investor, lenders should be aware that loss of capital is always a risk. Lenders must be satisfied with the representations and warranties made by the borrower before they agree to provide a loan.

If a borrower fails to repay their loan during the term, an event of default will occur. This attracts the higher interest rate specified in your loan documents. Borrowers may apply for an extension to the term, in which case the terms of the original agreement will expire and a new one will be negotiated. If an event of default is not remedied, you are granted the right to seek repayment of the loan by controlling the mortgaged property or other assets of the borrower.

As a funder you should allocate your capital to as many loan projects as possible, creating a diversified portfolio.

In our absence, the loan documents and mortgage which secure your funds will remain. Your loan is still on foot and the rights and obligations of the parties do not change. Administration of the loan will need to be agreed upon between you and the borrower.

If the loan agreement is so worded the borrower will absorb all transaction costs and outlays. All services rendered for administration of the loan including legal document preparation and platform licensing are paid by the borrower. Lenders do not incur any share of costs and outlays.