Quantitative and temporal limits
Indicates the amount that is financed.
The promoter determines the financial needs of the project and establishes the amount that needs to be financed.
The financing objective may be exceeded by up to 25 percent as long as it is previously reported in the project description.
Only in the event that at least 90 percent of the financing objective has been reached, once the participation in the project that the platform itself may have has been discounted, and provided that it is informed, prior to the investment, of such possibility and the assumptions that give rise to it.
In case of not reaching the financing objective (or 90% in the conditions mentioned in the previous point) within the fixed time period, the money invested will be returned to investors at no cost.
The promoter together with icrowdhouse determine the date of publication of the project and establish a specific term that is usually 60 days and that results in the deadline to participate in the opportunity.
The maximum term to participate in the opportunity may be exceeded by up to 25 percent provided that it is previously informed in the description of the project.
Yes, if the 100% of the operation (or 125% if previously established) is covered before the end of the term, the operation will be closed.