Look & Fin Gives New Investors Priority in Crowdfunding

Crowdlending platform Look & Fin is introducing a new feature that gives newcomers who want to invest in loans with guaranteed repayment priority to register.

With crowdfunding, companies or organizations that need financing for an investment project turn directly to the public. By investing a small amount with a large group, a significant amount can ultimately be raised. Because there is no intervention from a sofa is, lenders can achieve a higher return on their investment.

Look & Fin develops money-back guarantee

Look & Fin, which serves as a platform for borrowers to publish their offers, has developed a repayment guarantee. They collaborate with credit insurer Atradius to achieve this, offering investors the assurance that they will receive their invested capital back upon maturity, including a return of up to 6,25%. Should the borrower go bankrupt, the insurer assumes their obligations.

Thanks to a recent partnership with the Flemish Participation Company Flanders, this offering has been expanded. This organization offers borrowers a 75% guarantee on the invested capital, regardless of their tax residency.

Investments with a guaranteed repayment can therefore offer a gross annual return of 5,25% to 8%. Without this guarantee, returns can be higher, but there is a risk that the investor will lose their money if the borrower goes bankrupt.

New feature for new investors

According to Look & Fin, there's high demand for investment opportunities with guaranteed capital, which often prevents new investors from getting a chance. Therefore, the platform now offers new investors the option to reserve.

Using an online reservation form, they can indicate the type of project they want to invest in, their preferred investment period, and the amount they are considering investing. When an offer that meets these criteria appears online, investors are notified and given priority access to the file.

Since its founding in 2012, Look & Fin has already generated 380 million euro in loans structured to finance more than 850 companies.

Frequently Asked Questions

What is the new feature that Look & Fin is introducing?
Look & Fin offers new investors the opportunity to make reservations. Using an online reservation form, they can indicate the type of project they want to invest in, their preferred investment term, and the amount they are considering investing.

Which organization does Look & Fin partner with to offer a money-back guarantee?
Look & Fin is working with credit insurer Atradius and the Flemish Participation Company Flanders to offer a repayment guarantee to investors.

What is the potential return on investments with a guaranteed repayment?
Investments with a guaranteed repayment can offer a gross annual return of 5,25% to 8%.