What happens in case of default and I am unable to pay back the loan? Will Acredius or the investor look for me in that case?
In case of default, you are still liable to pay back your loan amount. It will go through a few reminders, and then a debt collector will get in touch with you.
What about collaterals or guarantees?
Currently, at Acredius, we do not require collateral to receive a loan.
What happens if an investor misses the deadline to send the financing?
In case the agreed investment amount does not arrive punctually, Acredius sends a reminder to the investor, setting a deadline for sending the funds. The Acredius team will ensure that all issues related to money transfer are resolved.