The standby operator for GPU loans
We are named in the loan at signing. If the borrower defaults, we step in, run the GPUs while they are re-leased or sold, and pay the lender from what they earn.
How it works
From signing to repayment
- 01
Named in the loan
We join the loan at signing, so the lender knows who runs the GPUs if the borrower cannot.
- 02
Clear triggers
A default or the end of the borrower's contract. Agreed before anything goes wrong.
- 03
We run the fleet
We take over the cluster and keep it earning while it is re-leased or sold. It only has to earn more than it depreciates, and more than a fire sale.
- 04
A fixed waterfall
Each month, running costs come first and the lender comes second. Lenders who want a predictable number can take a fixed floor per GPU per month instead.
No hardware purchase. Valnce does not buy the GPUs. The hardware stays as collateral for the loan.
Terms
Agree on every step before signing
Every step is written into the loan up front, so a step-in follows a plan the lender already knows.
Valnce joins the loan documents at signing, so the lender knows from day one who will run the GPUs if the borrower cannot. From signing, the facility pays a small yearly standby fee, the only cost before a trigger.