Don’t invest unless you’re prepared to lose money. This is a high risk investment. You may not be able to access your money easily and are unlikely to be protected if something goes wrong. Take 2 mins to learn more.
Your funds are covered by the Financial Services Compensation Scheme (FSCS) while Crowdstacker holds your money, processes funds, and services your client account. Once your funds are lent to the borrower, the FSCS protection ends and the investment security package takes effect. Crowdstacker does not have a provision or contingency fund.
What would happen if Crowdstacker closed to new business?
Upon a decision to wind down the business, Crowdstacker’s wind-down plan would take effect. Our contingency plans will allow the loan portfolio to operate as normal. All loans will continue under contractually agreed terms, and you would continue to receive interest payments until maturity, when your capital will be repaid. Lenders who have active loans are unlikely to be able to withdraw their investments until borrowers have repaid.
We are different from other platforms. Our goal is to save you time by filtering through the many opportunities out there, leaving you with what we consider to be of the highest quality.
At Crowdstacker we want to ensure that you get the service that is right for you. We are at hand to help you understand any of the information on the website and we have many methods such as paper applications and printed brochures that may be easier and more suited to how you digest information.
Please feel free to contact us on 020 7118 7570.
Extensive due diligence is undertaken on every business. We may take security in the form of a debenture over a company’s assets, or security over specific assets ring-fenced for the benefit of investors.
If a Borrower is late with a payment, Crowdstacker will take steps to collect the funds owed. The procedures for this are outlined in the Lender or Investor T&Cs
Note: If the investment has the benefit of security, the Security Trustee may be instructed to enforce the security on behalf of all investors. The Security Trustee or an affiliate company of the Security Trustee will pay back to lenders in their proportionate share any funds successfully recovered, less its costs incurred during that recovery
During the lender application process, Crowdstacker are required to verify your identity to prevent Money Laundering. We ask you to provide basic details including your full name, address, and date of birth. In almost all cases verification can be done electronically. In certain circumstances, we may ask for further information, and may require a proof of address, proof of identity and bank statement to verify your identity details.
Your funds will be covered by the Financial Services Compensation Scheme (FSCS) while Crowdstacker holds your money, processes funds, and services your client account. Once your funds are lent to the borrower, the FSCS protection ends and the investment security package takes effect.