After the successful start of the partnership between Cashare and Bénédict, we are now taking one step further and targeting the next milestones. The advantages for the students visiting continuing education courses as well as the sustainable added value for the cooperation partners were successfully confirmed in the pilot phase. The existing exclusive cooperation agreement was therefore extended by three years ahead of schedule.
What is new?
Cashare übernimmt zukünftig die Finanzierung der Studierenden der Benedict und BVS-Schulen. Das Angebot von Cashare ermöglicht den Studierenden, die Ausbildung zu fairen Zinsen bequem über monatliche Raten zu bezahlen. Der Schweizer Fintech-Pionier zeigt damit einmal mehr, dass Crowdlending eine attraktive Alternative zu herkömmlichen Finanzierungsmodellen darstellt und dank Innovation der Produktumfang laufend zielgerichtet erweitert wird: Die Studierenden profitieren von attraktiven Konditionen und verbessern ihre Berufs- und Einkommenschancen, die Crowd-Anleger finanzieren sinnvolle Ausbildungsprojekte und erzielen eine attraktive Rendite. Um schnellstmöglich weiteren Nutzen für alle schaffen, werden laufende Teilzahlungsverträge von uns strukturiert und mit den Partnern des Ausbildungsinstituts als Kreditprojekte auf die Cashare-Plattform gestellt. Diese Projekte werden gesondert ausgewiesen.
What does this mean for our investors?
This structuring gives investors the advantage that they are not investing in a single education project, but in a broad portfolio of instalment contracts that represent a multiple of the value of the loan and are ceded as collateral. So if a learner is no longer able to meet his payment obligations, this default is covered by the other instalment contracts and the instalment payment from the loan itself is not affected, since it is carried out by the school. This means that for a low minimum investment you will already receive a large portfolio of loans from students who are undergoing continuing education and training. This is a very simple way to invest in a broadly diversified loan portfolio. The loans with the instalment contracts are issued individually by each school. Additionally the parent company acts as a guarantor for the loans.
Conclusion:
Investors have the opportunity to massively diversify their portfolio in one fell swoop and at the same time support the continuing education and training of many people - an investment in education itself and in the future of Switzerland. Hier geht es zu den Projekten.
Your Cashare-Team!
Benedict-Schule Zürich
Vulkanstrasse 106
8048 Zürich
Phone: 044 242 12 60
E-Mail: info.zh@benedict.ch
Web: www.benedict.ch
