# Antal Capital — Full Context > Antal is the AI agent stack for business-purpose loans. Borrowers find capital through one front door; capital providers run origination, underwriting, and servicing on a network of specialist AI agents — against their own guidelines, with one audit trail per deal. --- ## Company Overview Antal Capital, Inc. is a technology platform for business-purpose lending headquartered in the United States, founded in 2025. The platform is two-sided: - **Borrowers** — real estate investors and small-business operators who need capital, get matched to the right capital partner through one conversational interface - **Capital providers** — private credit funds, family offices, balance-sheet lenders, brokerages, and RIAs with credit allocations run their entire origination, underwriting, and servicing motion on a stack of specialist AI agents configured against their own credit guidelines Antal is not a lender. Loans are originated through institutional capital partners. Antal sources, qualifies, packages, and services deals; capital partners price, approve, and fund. In states that require a lender or broker license for business-purpose loans, Antal operates under partner sponsorship. The platform currently supports 100+ institutional capital partners across 45 states. --- ## The Thesis — Autonomous AI Agent Stack for Private Credit ### Two sides, one ecosystem, one audit trail - **One front door for borrowers.** Describe what you need — fix-and-flip, bridge, DSCR refi, working-capital line, revenue-based financing. The orchestrating agent routes you to the right capital partner, runs preapproval, collects the file, and gets you to a signed term sheet. - **One back office for capital providers.** Bring the capital and the credit box. Antal brings the agents that originate, underwrite, and close against your guidelines. No 20-person underwriting team. Decisions stay with the capital partner; agents do the work in between. ### Three layers, one stack — origination through payoff **Layer 1 — Research (guideline encoding):** Capital providers encode and refine guidelines once. Upload rate cards, policy memos, historical deals — agents extract the rules and produce a structured policy every downstream system reads. Adjust by chat. Run scenarios. Compare against peer terms. **Layer 2 — Origination, Underwriting & Servicing:** Once guidelines are codified, agents run the loan end to end. Pre-funding: score the deal, issue a conditional term sheet, validate the file against insurance/title/inspection requirements, and coordinate appraisal, BPO, and closing in parallel. After funding: payment collection, construction draws and inspections, escrow, payoff requests, and default workflows. People hold every irreversible decision; agents do the work in between. **Layer 3 — Orchestrator (borrower-facing):** One conversational agent that handles every product — fix-and-flip, DSCR, bridge, ground-up, small-balance commercial, term loans, working capital, revenue-based — and routes each deal to the capital partners whose guidelines fit. The borrower experience stays the same whether the deal is a $400K flip or a $2M term loan. ### Skills the lender configures, tools every agent calls Skills are configurable per lender (per loan type): - Fix-and-Flip Underwriting — ARV, rehab budget, draw schedule, BPO vs. appraisal selection - DSCR Underwriting — rental cash flow, debt-service coverage, 30-year purchase or refi, escrow analysis, monthly servicing - Bridge Underwriting — short-term acquisition with no rehab, exit-strategy validation - Ground-Up Construction Underwriting — multi-year build, draw-based funding, milestone inspections, hard and soft costs - Business Term Loan Underwriting — term loans against operating income, coverage ratios, operating history - Revenue-Based Financing — daily or weekly remittances against gross revenue, real-time bank-statement parsing - Small-Balance Commercial Underwriting — multi-unit, mixed-use, light commercial, property cash flow plus sponsor analysis - Lines of Credit Underwriting — revolving credit against business cash flow, real-time line management Tools are shared across every lender: - Identity verification, income verification, entity verification - Large data sets, document parsing, property data - Title & insurance, credit & background ### Why residential transition lending first Antal starts with residential transition loans — fix-and-flip, bridge, and DSCR rental — because they are operationally the hardest segment: rehab budgets, ARV, draw schedules, time-sensitive closings, multiple third parties to coordinate. If agents can run an RTL deal end-to-end, business loans, cash-flow-based financing, and small-balance commercial compose upward from the same primitives. Antal is a lender on its own platform. Every primitive in the product exists because it was needed to fund a real loan that week. ### The four-pillar moat - **Network** — both sides grow together. More capital partners means better matching for borrowers. More borrowers means more deal flow for partners. Once dense, replicating it is a multi-year sales motion. - **Standard** — capital providers encode guidelines once, in a format every downstream agent reads the same way. Brokers, auditors, and borrowers all read the same shape. - **Data** — every funded deal teaches the agents what closed, what defaulted, what got declined. Three years of that isn't replicable with raw capital. - **Audit** — every decision reproducible from a single record. Every irreversible action gated by a human. The price of doing business with institutional capital. ### Market context - Private credit AUM exceeds $2T today, growing 15% annually - Projected $2.8T by 2028 - Every dollar of new AUM raises the operating spend tied to deploying it - Antal is the standard operating layer that does not yet exist --- ## How the Borrower Flow Works 1. Borrower enters a property address (for real estate) or describes the financing need 2. AI analyzes the deal against current capital-partner guidelines and selects matching programs 3. Application is completed in approximately 10 minutes 4. Lender-ready loan file is assembled in approximately 15 minutes 5. Antal coordinates appraisal/BPO, title, insurance, and inspection in parallel 6. Closing can occur in as few as 3–5 business days Eligibility highlights: - No W-2 or personal income verification required - Self-employed, LLC, and corporation borrowers welcome - Foreign nationals eligible (conditions apply) - First-time investors welcome on most programs --- ## Product Programs (Full Detail) All loans are business-purpose only, first lien, and originated through institutional capital partners. Actual terms vary by borrower profile, property, and lender approval. Leverage shown is maximum available, not guaranteed for any specific borrower. ### Fix-and-Flip — Flagship Program Short-term financing for investors who buy, renovate, and sell properties. - Loan amount: $100K – $2.5M - Asset type: 1–4 units, non-owner occupied - Max LTC: up to 92.5% - Max LTARV: up to 75% - Rehab financing: up to 100% (drawn against documented scope) - Interest rate: 8.9% – 9.9% - Term: 6 – 12 months - Amortization: interest only - Prepayment penalty: none - Origination fee: 1% – 1.5% ($1,500 minimum) - Additional fees: $995 doc fee, $995 valuation fee - Eligibility: first-time investors welcome; foreign nationals eligible; LLC/Corp vesting ### Bridge Short-term debt when timing is the deal — distressed purchase, 1031 pivot, quick refi while lining up permanent financing. - Loan amount: $250K – $10M - Asset type: 1–4 units, multifamily, mixed-use - Max LTV: up to 75% purchase / 70% cash-out - Cash-out: allowed - Rehab: light rehab eligible - Interest rate: 9.5% – 11.5% - Term: 12 – 24 months - Amortization: interest only - Prepayment penalty: none after 3 months - Eligibility: case-by-case for first-time investors; foreign nationals eligible ### DSCR Rental — Long-Term Hold 30-year rental financing priced off the property's own rent. No personal income docs. Buy, refinance, or cash-out a stabilized door. - Loan amount: $100K – $3.5M - Asset type: 1–4 units, condo, PUD, STR (select MSAs) - Max LTV: up to 80% purchase / 75% cash-out - Min DSCR: 0.75 (stretch) / 1.00 (full leverage) - Min credit: 660 / 680 for top-tier pricing - Interest rate: 7.4% – 9.2% (moves with SOFR and spread tier) - Term: 30-year fixed / 5-6 ARM / 7-6 ARM - Amortization: fully amortizing; 10-year IO available - Prepayment penalty: step-down 5/4/3/2/1 (buyouts priced) - Eligibility: first-time investors welcome; foreign nationals eligible ### New Construction — Ground-Up Vertical construction capital for spec or build-to-rent. Funded against the ARV, released through inspection-gated draws. - Loan amount: $250K – $5M - Asset type: 1–4 units, BTR, ground-up SFR - Max LTC: up to 85% - Max LTARV: up to 70% - Construction financing: up to 100% vertical - Interest rate: 10.0% – 11.9% - Term: 12 – 24 months - Amortization: interest only on drawn balance - Prepayment penalty: none - Eligibility: first-time investors require prior GC experience; foreign nationals case-by-case - Requirements: executed GC agreement, permits in hand, approved budget at close ### Roadmap Products (Composing Upward) - Small-balance commercial — multi-unit, mixed-use, light commercial - Business term loans — against operating income, coverage ratios, sponsor strength - Working capital lines of credit — revolving credit against business cash flow - Revenue-based financing — daily or weekly remittances against gross revenue --- ## For Capital Partners Antal partners with private credit funds, family offices, balance-sheet lenders, brokerages, and RIAs with credit allocations. What's offered: - **Encode your guidelines once** — structured format your team and your auditors can read - **Origination and underwriting on autonomous agents** — decisions stay yours; agents handle assembly, validation, and coordination - **Servicing on the same rails** — payments, draws, escrow, payoff run through the same agents and the same record; no mid-life data hand-off - **Plug into a live borrower marketplace** — no outbound sales; deals that fit your box get routed to you - **White-label or run inside Antal** — your call; borrower never has to know which lender they're matched to until the term sheet lands - **One audit trail per deal** — origination through payoff; show LPs, regulators, or auditors exactly what produced any historical decision For lenders that operate their own desks, Antal offers an AI-native origination layer: - AI assistant collects documents and asks borrowers clarifying questions 24/7 - Documents pre-verified before reaching underwriting; issues flagged for the desk - Single dashboard for the entire loan pipeline - Reduces rework and speeds turn times - Supports fix-and-flip and bridge workflows out of the box - Implementation typically takes a few weeks Active conversations are open with capital partners deploying $50M–$500M annually across RTL, small-business, and cash-flow products. Contact: roberto@antalcapital.com --- ## For Wholesalers (Referral Program) Refer investor buyers and earn referral fees on every funded loan. - Referral fee: 0.1% of total loan amount (e.g., $300,000 loan = $300 fee, on top of assignment fee) - Payment timing: within 5 business days of closing - Cost: free to join, no monthly fees, no minimums - Features: partner dashboard, custom referral link, real-time tracking - Works with assignment contracts and double closes --- ## For Real Estate Agents (Referral Program) Refer investor clients and earn referral fees on every funded loan. - Referral fee: 0.1% of total loan amount (e.g., $300,000 loan = $300 fee, on top of agent commission) - Payment timing: within 5 business days of closing - Cost: free to join, no monthly fees, no minimums - Features: partner dashboard, custom referral link, real-time tracking --- ## For Investors (Pre-Seed Open) Three coincident facts make the opportunity: - **Market** — private credit holds over $2T in AUM, growing 15% annually, projected $2.8T by 2028, and still runs on email and spreadsheets. Every dollar of new AUM raises operating spend. - **Timing** — agent infrastructure just landed. A platform that orchestrates specialist agents across origination, underwriting, and closing — with auditability institutional capital trusts — was not buildable 18 months ago. - **Wedge** — RTL is operationally the hardest segment. The same agent primitives compose upward into every other business-purpose product class. Materials on request. Contact: roberto@antalcapital.com --- ## Founders ### Roberto Pernicone — CEO / CTO, Co-Founder - MBA, MIT Applied Data Science - Built loan-origination infrastructure that took one private credit lender from $10M to $200M in annual originations - Operated $15M of real estate as a principal (multifamily, STR, boutique hotels) prior to Antal - Second-time founder, one prior exit - Email: roberto@antalcapital.com - LinkedIn: https://www.linkedin.com/in/roberto-pernicone/ ### Efstathios (Thomas) Prantalos — GTM, Co-Founder - Scaled lending sales from $0 to $1M through networks, referrals, and embedded partnerships - Owns GTM motion and operator-facing automations - Email: thomas@antalcapital.com - LinkedIn: https://www.linkedin.com/in/efstathios-prantalos-968627228/ --- ## Privacy & Data Handling Antal Capital collects personal information including identifiers, financial data (via iSoftPull/Equifax/TransUnion/Experian with written authorization), and bank data (via Plaid with written authorization). Data is encrypted with AES-256 at rest and TLS 1.2+ in transit. Antal does not sell personal information to third parties. Full privacy policy: https://antalcapital.com/privacy --- ## Compliance Disclosure Antal Capital does not fund loans directly. All loans are originated through institutional lending partners. Loan terms, leverage, and eligibility are determined by the lender and subject to lender approval. Business-purpose loans are not subject to consumer mortgage licensing in most jurisdictions. In states requiring a lender or broker license for business-purpose loans, Antal operates under partner sponsorship. --- ## Contact - Website: https://antalcapital.com - Apply: https://antalcapital.com - Capital partners: roberto@antalcapital.com - Investors: roberto@antalcapital.com - Privacy: privacy@antalcapital.com - General: contact@antalcapital.com