Syndication
Syndicate Update

Partner Capital Guide

How your capital works, earns, and compounds

How it works
Your wallet
Deal economics
Deal calculator
Recycling model
Step 1

Fund your wallet

Wire capital into your CapTap wallet. It sits ready to deploy and earns nothing until allocated — deploy quickly.

Step 2

Allocate to deals

Choose a specific deal or set a blanket rule. Define exposure as a flat dollar amount or percentage. Your commission share is calculated automatically based on your participation %.

Step 3

Collect and redeploy

Daily or weekly remittances flow back into your wallet. Redeploy as balance builds to create a compounding churn effect.

Commission structure: Each deal carries a broker commission (typically 10% of the funded advance). As a syndicator, you are responsible for your proportional share — e.g., if you fund 20% of a deal, you cover 20% of the commission. This is built into your total capital deployment.
Avg Factor Rate
1.40x
Avg Duration
~10 mo
Capital Turns/Yr
~2x
Target IRR
20-25%
Your wallet is your command center. Capital lands here, gets deployed (including your commission share), and returns here as remittances hit — ready to redeploy.
Targeted allocation

Specific deal

Commit a flat dollar amount or a percentage of a specific deal. CapTap calculates your commission share automatically. Best for high-conviction positions.

Blanket allocation

Portfolio rule

Set a standing % rule across all pipeline deals. Auto-allocates every time a new deal originates — passive, diversified exposure with minimal overhead.

Wallet Lifecycle
$10,000 advance, you fund 20%
Your principal share (20% × $10,000) $2,000
Your commission share (20% × $1,000 commission) −$200
Total wallet debit $2,200
Your gross RTR (20% × $14,000) $2,800
Less servicing fee (3%) −$84
Net return to wallet $2,716 (+23.5%)
Pool Asset Level Economics
CapTap Model
Factor rate1.40×
Servicing fee3%
Commission10%
Expected duration~10 months
Unit Economics — Per $1.00 Advanced
Total RTR to collect$1.40
Less: expected losses (10% of advance)−$0.10
Net RTR collected$1.30
Less: servicing fee (3% of net RTR)−$0.039
Less: commission (10% of advance)−$0.10
Participant net amount$1.161
Divided by investor basis (1.10×)$1.146

Individual Return

14.6%

Per deal return over ~10 months on deployed capital (basis 1.10×)

Portfolio Impact

~2× / year

Capital recycling — ~2 turns per year through renewals and short-duration deals

Target IRR

20-25%

Annualized IRR target with capital recycling across the portfolio

Important Notes

• Loss assumption applied to funded amount
• Short-duration assets allow faster redeployment of capital
• Returns assume consistent deal flow

Deal Advance Amount
$
Your Participation %
%
Commission Rate
%
Factor Rate
×
Deal Breakdown — 20% of $50,000 Advance
Your principal share (20% × $50,000) $10,000
Your commission share (20% × $5,000 commission) −$1,000
Total wallet debit (basis 1.10×) $11,000
Gross RTR (20% × $70,000) $14,000
Less: servicing fee (3% of gross RTR) −$420
Net collected $13,580
Net profit +$2,580
Total Capital Out
$11,000
Net Collected
$13,580
Return on Capital
23.5%
You put in $11,000 (your $10,000 share + $1,000 commission). Over ~10 months you collect $13,580 net — a 23.5% return on deployed capital.
Starting Wallet Balance
$
Capital Turns Per Year
2.0× per year
End of Year 1
$131,332
End of Year 2
$172,480
End of Year 3
$226,521
Year 1 Net Profit
+$31,332
Annualized Return
31.3%
3-Yr Total Return
126.5%
Capital Growth
Principal vs accumulated returns
With 2.0 turns/year at 14.6% per deal, your $100,000 grows to $226,521 over 3 years — a 126.5% cumulative return powered by the churn effect.