Frequently asked questions

If you wish to apply for funding, visit the ‘Get funding’ page, where you can submit the application to receive funding. Your application will be processed as quickly as possible depending on the volume of requests, typically, within a couple of business days.

Once you provide the initial information about the project you want to finance, the application process is continued directly with the project manager. The project owner must have a bank account opened in the project owner’s name and must fill in the questionnaire (Annex 1) available in the Rules for reliability assessment of the project owners document. Additional documentation to properly asses the reputation of the borrower may be requested, if necessary.

For more information please refer to Rules for reliability assessment of the project owners.

Any legal entity can contact Crowdpear and apply for financing for real estate acquisition or development, business development projects, working capital, refinancing of existing liabilities, and other business needs.

When the funding applications are received, each project and its documentation are evaluated based on the internal assessment and risk assessment schemes. Crowdpear decides whether the project or business idea is worth being shared as an investment opportunity on the platform. Crowdpear has a right to decline a funding request if a project is considered too risky, compelling, or for any other reason, that may remain disclosed.

The maximum amount to be borrowed is discussed individually during the application process.

The costs applied can be found in the ‘Rates applicable to the users of the crowdfunding platform ‘Crowdpear‘’ document.

The required amount may be collected within a couple of days – a few weeks, depending on the investor’s interest in the project.

If the requested loan amount is not reached, the collection of investments for the project is canceled. Investors receive the full principal amount + interest earned from the start of the investment until the cancelation of the project date.

Upon separate agreement between the borrower and Crowdpear, the financing period can be extended or a lower loan amount can be issued. Any changes in the agreement are discussed with the project manager.

In case of a project cancelation, corresponding fees for the borrower would be applied.

The requested loan would reach your account within a couple of days after the required amount is collected and documents to ensure the guarantees (pledge of the real estate or other assets) are received.