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.