The request has a life you can see: a draft you can work on, a submission, a document check, publication, the interest that arrives, and a close. You can withdraw it at any point, from any of them.
There is deliberately no *matched* and no *funded* state. Both describe arranging finance, which needs a licence Sooqban does not hold and will not pretend to hold. What this platform does is publish a listing for a flat fee and stay out of the transaction entirely.
It is the same request whether you start here or from the finance directory in Business Hub. One record, one set of fields, one review, because two entry points that each grew their own form would end up asking for different things and reviewing them differently.
At a glance
- What Sooqban does
- Checks the documents and publishes the request to licensed institutions
- What it never does
- Arrange, advise, introduce for a share, or earn anything from the outcome
- The fee basis
- Flat. No fee may be computed from the amount. Enforced in code, not promised
- Two ways in, one request
- Here or from the finance directory: the same record either way
How it runs
- Draft the requestWhat the money is for, how much, over what period, and what stands behind it. A draft stays yours until you submit it.
- The documents are checkedSo that what is published is supported. This is the stage where you are told what is missing.
- It is published to institutionsPublished, not matched. Who reads it and who answers is their decision, not a routing rule of ours.
- Interest arrives, and you take it from thereThe conversation is between you and the institution. Sooqban is not in it, and does not earn from what you agree.
Who this is for
- A manufacturer funding a production run that is already sold.
- An importer funding a purchase order between payment and arrival.
- An exporter whose working capital is tied up in goods on the water.
Questions
Does Sooqban lend money?
No, and it does not hold it either. It publishes a request that licensed institutions can read and answer.
Will you match me with a lender?
No, and the absence is deliberate: matching for compensation is arranging, and arranging finance requires a licence. There is no state in this flow called matched, because there is no step that does it.
Can I take it down?
At any point, from any stage. A withdrawn request stops being visible to institutions.
Be ready on the day this opens.
Founding members keep a permanent badge recording when they joined, priority in every review queue, and first access to each part of the platform as it opens.