Creating a pool

Creating a pool on FBA Finance is a straightforward process that allows you to tap into the power of community-driven financing. Here's what you need to know:

Eligibility

Before creating a pool, ensure your business meets our eligibility criteria:

• Completed KYB process

• Minimum credit score of x

• At least 6 months of operational history

Steps to Create a Pool

1. Log into your FBA Finance dashboard

2. Click on "Create New Pool" in the Pools section

3. Set your pool parameters:

   • Pool size (number of participants)

   • Contribution amount

   • Contribution frequency (weekly, bi-weekly, or monthly)

4. Choose pool type:

   • Open (anyone can join)

   • Invite-only (you select participants)

5. Set pool rules:

   • Distribution order (random, credit score-based, or fixed)

   • Late payment policies

6. Review and confirm pool details

Once created, your pool will be visible to potential participants (if open) or your invitees can join.

As the pool creator, you'll have access to:

• Real-time pool status updates

• Participant contribution tracking

• Distribution schedule

Remember, creating a pool is a commitment. Ensure you can meet the contribution requirements for the duration of the pool cycle.

Need help? Our support team is always ready to assist you in creating the perfect pool for your business needs.