Are Maclear investors protected if the borrower defaults on payments?
Maclear Team
Last Update 2 år siden
Yes, as a result of a carefully-thought-out package of measures and their further implementation (such as thorough risk assessment, implemented guarantees, and other additional collaterals and securities), we are capable of minimizing investment risks.
Thus, all Maclear investors should receive all principal and interest payments, even when the borrower defaults or delays payments. Maclear’s Provision Fund made this possible because it accumulates 2% payments from each project funded through the platform.