We are always aiming to improve our services and to make the investment process through our platform as rewarding and safe as possible. To further improve the financial security for the investors, TFGcrowd is introducing a TFG Buyback Guarantee Fund, which will work in the following way:
- TFGcrowd will make an initial investment in the TFG Buyback Guarantee Fund in the amount of EUR 100’000,00;
- From 1st September 2019 onwards 2% of each project funded through the TFGcrowd platform will go towards funding the TFG Buyback Guarantee Fund;
- In case any of the borrowers of the projects marked with our Buyback Guarantee are subject to default, the monies held in the TFG Buyback Guarantee Fund will be used to secure repayment of the nominal value of the outstanding loan plus accrued interest income. All investors will be compensated proportionately to their investments in a particular project.
- It is deemed that a borrower has defaulted if the repayment of the particular loan is delayed by more than 60 days.
Enjoy investing through TFGcrowd with added security!
BUYBACK FUND STATUS