After I confirm my intention to invest in a selected Borrowing project by clicking the “Invest” button, what happens next?
Maclear Team
Last Update 5 months ago
Your funds in the amount you have chosen for investment are reserved for the selected Borrower’s Project future financing until the Target Amount of the loan is reached.
- Once the target amount is reached and the Borrower fulfills all the required conditions, the collected loan amount will be transferred to the Borrower. You will receive links to the Claim Assignment Agreement and Repayment Schedule by email.
- Interest calculations start after funds are transferred to the Borrower.
- The transfer process can take up to 10 working days.