U USD.ai / facility model
non-recourse · GPU-backed

Treasuries vs the loan you already have

Your best yield is the
interest you stop paying.

Idle cash parked in T-notes earns a taxed coupon while your GPU facility keeps accruing at full rate. Offset that cash against the facility instead and every dollar earns the borrow rate — and stays redrawable for payroll and opex.

Park in T-notes
$1,007,250

after-tax cost / yr · 3.56% on idle cash

you save
$414,750
per year
Offset the loan
$592,500

after-tax cost / yr · 11.85% on idle cash

GPU loan drawn$10.0M

in $M — type any size: 0, 1, 100…

Idle cash in offset$5,000,000
$5.0M accruing at 15%
$5.0M offset
Interest-bearing principal$5.0M redrawable, instant

Assumptions

GPU borrow APR15.0%
T-note yield4.50%
Tax rate21%
Interest deductibility

Fully deductible: the offset is a pure rate play. You swap a taxed T-note coupon for a larger reduction in deductible interest, and the tax rate scales both sides equally — so the edge is just the borrow-rate-minus-T-note spread, after tax.

Annual ledger

Park in T-notes loan stays full
Interest paid$1,500,000
T-note income−$225,000
Interest tax shield−$315,000
Tax on T-note income+$47,250
After-tax cost$1,007,250
Offset the loan effective $5.0M
Interest paid$750,000
Idle-cash income$0
Interest tax shield−$157,500
Tax on idle income$0
After-tax cost$592,500

Saved per year

$414,750

after-tax, vs parking in T-notes

Effective spread

+8.30%

offset yield over T-notes

Interest neutralised

$750,000

pre-tax, still redrawable