What is the procedure after agreeing to purchase loan claims?

The investment period during which loan claims may be purchased generally lasts 30 calendar days and may be extended. Three scenarios can occur at the end of the investment period:

1) 100% of loan claims have been purchased: Financing is approved, and investors have 10 days to supply the agreed funds. The investment period may be shorter than 30 days if 100% of the loan amount is reached sooner.

2) 80-99% of loan claims have been purchased: The borrower may decide whether to accept or decline partial funding. If the borrower accepts, investors have 10 days to supply the funds.

3) Less than 80% of loan claims have been purchased: Depending on the project, Acredius may allow the borrower to choose whether to extend the investment period or stop the loan request. In the latter case, the borrower receives no funding and the investors who are ready to purchase the loan claims will be informed about the non-success of the project.