What is the minimum investment?+
There is no minimum for funded risk participations — investors take a percentage of an individual transaction. For the open-ended floating rate note, the minimum subscription is USD 500,000. For the close-ended fixed rate note, USD 1,000,000. For a discretionary managed account (IMA), USD 10–20M. Participation is the natural entry point for investors building familiarity with the strategy before committing to the fund.
How does repayment actually work?+
Every transaction is self-liquidating. Altrus disburses into a collection account held in the borrower's name with Altrus as co-signatory. The buyer pays into that same account upon delivery. Altrus applies principal and interest first — the borrower's margin is released only after full repayment. The borrower has no opportunity to defer: either the buyer pays and the loan is repaid, or the buyer does not pay and Altrus acts immediately on the security package.
What happens if a buyer defaults?+
Altrus holds the original bill of lading — the document of title — until buyer payment is received. If the buyer does not pay, Altrus retains control of the goods and redirects them to an alternative buyer in the spot market. Fungible commodities (coal, petroleum, metals, agricultural products) have actively traded spot markets. Recovery from goods redirection typically achieves 80–90% of contracted value even in distressed scenarios. This is not a theoretical backstop — it is an immediately executable mechanism.
How is the track record verified?+
The track record was generated at a predecessor commodity trade finance platform (Nov 2020 – Mar 2026) by the Altrus founding team. Full transaction-level detail — 911 transactions, counterparty profiles, facility amounts, tenors, payment mechanisms, and repayment confirmations — is available to qualified investors under NDA. This is documented origination history, not projected performance. The same team, the same borrowers, the same credit framework are now deployed at Altrus.
How do you monitor transactions in transit?+
Altrus tracks every vessel via AIS (Automatic Identification System) data from loading through delivery. Route deviations trigger immediate investigation. AI-assisted document verification cross-references bills of lading, inspection certificates, letters of credit, and invoices for consistency. The collection account co-signatory mandate means no funds can leave the account without Altrus's explicit authorisation at any point during the transaction lifecycle.
Why zero credit losses across 911 transactions?+
The result reflects the consistent application of a transaction-level origination framework that identifies genuine trade flows, verifies physical goods, and structures repayment around buyer payment rather than borrower discretion. The producer-to-end-user philosophy eliminates the most common fraud vectors. Document control through the original bill of lading means Altrus retains constructive possession of the goods until payment is received. The co-signatory collection account prevents diversion of buyer payments. The 2023 sabbatical — 122 transactions processed without interruption during the lead originator's nine-month absence — confirms the framework is systematised, not person-dependent.
How can I request fund documents?+
Contact the team directly at
[email protected]. Available materials include the full investor pitch document, participation term sheet, note term sheet, track record detail, and IMA term sheet for larger commitments. Fund legal documentation is available to serious investors under NDA.