Credit-backed Setup

overview to use voltage payments on mainnet, you must submit an application voltage payments is only available to businesses in approved u s states simply follow the prompts to submit the necessary details for your application once your application is sent, voltage will review the application if approved, voltage will send an email with details regarding your approved line of credit amount, billing cycle frequency, and method of securing the loan the method of securing the loan will be done with either collateral requirements or bank account verification if there is a collateral requirement, this can be posted with either bitcoin or usd (depending on the currency chosen in the application) when posting collateral with bitcoin, there will be an onchain bitcoin address in your account to send the required amount this is secured by a multi sig vault with distributed keys after your application is approved and the loan is secured, your account will be enabled with access to the mainnet bitcoin network you can start with voltage payments on mainnet! mainnet applications are currently closed usd lines of credit offered soon to summarize voltage payments is only available to businesses in specific us states you must submit an application to use voltage payments on mainnet if approved, you will be notified and required to secure the loan if collateral is required, an onchain address will show in your dashboard after the application is approved and loan is secured, your account will have mainnet functionality enabled application walk through application process from here you will be taken through the application process just enter the information requested and then click continue the following information is required to complete an application org structure type org tin beneficial owner info (25%+ ownership) first name last name title email dob address ssn/tin officer/director if beneficial owner is not also an officer/director of the company the same information will be required estimated value of monthly liquidity need (as seen below) estimated send volume estimaed receive volume you will be then given a final overview of your application along with a link to the terms of service you can click the agree checkbox and then submit your application will then be submitted you can track your application on your billing dashboard after your loan is approved, the status is changed and you will get an email with final documentation once documents are received and approved, your line of credit will be opened and you will have access to mainnet payments with voltage currently payments only support bitcoin payments over lightning and bitcoin bill payments usd bill payments and stablecoin transactions are coming soon