ELINT Capital
How it works

A SAFT against a financed receivables business.

Five mechanical steps describe the instrument. Each is what the executed SAFT and Purchase Agreement actually say — no implied guarantees, no Treasury comparisons, no targeted yield.

  1. 01

    The receivable

    A U.S. government contractor performs work, invoices the government, and waits — sometimes a long time — for payment.

  2. 02

    The financing

    ELINT extends working capital against qualified receivables so contractors don't have to carry the gap themselves.

  3. 03

    The SAFT

    An eligible investor subscribes to a Simple Agreement for Future Tokens (SAFT). The SAFT is a security and a general unsecured obligation of ELINT, LLC (SAFT §5.7). It is not collateralized by, and gives no investor lien on, any specific receivable.

  4. 04

    Delivery

    On the Token Delivery Date specified in a Payment Notice (≥15 days, ACH or wire), the investor funds the Designated Purchase Amount and ELINT records token delivery to the investor's bound wallet.

  5. 05

    Termination Payment

    On the first anniversary of the Token Delivery Date, the Company may pay a Termination Payment (Designated Purchase Amount + 7.5%) in U.S. dollars or a stablecoin at its discretion. The payment is forfeited upon a Payment Default. Tokens may be burned.

Risks

The risks summarized here are not exhaustive. Read the offering documents carefully before subscribing.

  • Complete loss

    The SAFT is an unsecured obligation of an early-stage company. Investors should be able to bear a complete loss of their investment.

  • Illiquidity

    There is no public market for the SAFT or the tokens. The investment is intended to be held for an indefinite period.

  • Discretionary, forfeitable payment

    Termination Payments are payable at the Company's sole discretion and are forfeited upon a Payment Default. The 7.5% interest rate is a formula input, not a guaranteed or expected return.

  • Government-payment & political risk

    Returns depend on ELINT receiving payment from the U.S. government on the underlying receivables and electing to pay. Appropriations, shutdowns, and contract administration timing can delay or prevent payment.

  • Stablecoin & digital-asset risk

    Termination Payments may be paid in a stablecoin. Stablecoin de-peg, custody, and counterparty risks apply. The investor bears responsibility for safekeeping the keys to the bound wallet (SAFT §4.6).

  • New-company risk

    ELINT is an early-stage operating company. Its ability to perform on the SAFT depends on its ongoing business operations.

Ready to see if you're eligible?

Eligibility is verified during onboarding under Reg D 506(c) or Reg S.

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