The Project owner applies for funding of its Project
FUNDAUS makes an assessment of the Project owner and its Project
Fundaus and Project owner enter into the Agreement
Fundaus places the Project on the Website
Investors fund the Project until the Pool is completed
The Project owner enters into loan agreement and the Collateral agreement (Pledgor) with the Agent
The Project owner (Plegdor) registers the collateral in favour of the Agent
Fundaus disburses the loan to the Project owner
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1
The Project owner repays the Loan to FUNDAUS account
2
FUNDAUS repays the investment to the Investor
3
The Agent agrees to withdraw the collateral
1
The Agent requests the Loan repayment
2
The Agent enforces its mortgagee’s right
3
The Collateral is being sold
4
The funds received from the sale of the Collateral are being distributed between the Investors proportionally to their participation in the Loan
1
The Project Owner applies for funding of its Project
2
FUNDAUS makes an assessment of the Project Owner and its Project
3
FUNDAUS and the Project Owner enter into the Agreement
4
FUNDAUS places the Project on the Website
5
Investors fund the Project until the Pool is completed
6
The Project Owner enters into the Loan agreement and the Collateral agreement (Pledgor) with the Agent
7
The Project Owner (Pledgor) registers the Collateral in favour of the Agent
8
FUNDAUS disburses the Loan to the Project Owner