In our continuous effort to provide innovative solutions to our customers, we are exceptionally pleased to introduce our latest system enhancement.
From now on, it will be much easier for investors to stay invested in an existing short-term loan. This means that while benefiting from the payment of interest, there is no need to make a new deposit of a loan amount.
What's new and how does it work?
Each SME borrower of a bullet loan is given 60 days before the current loan expires to extend the loan. The investor can decide within seven days whether he wants to remain invested with his cash investment.
As an investor, you can now activate the extension in your personal area of Cashare simply by clicking on the confirmation button. Additionally, a better overview of the costs as well as a quick notification is now provided.
Please note that the extension only applies to investors already invested in the respective project. Existing lenders who wish to remain invested will receive a summary of their extension and will be paid the interest minus the fees. Investors who decide not to renew will be paid the amount invested plus interest.
If you have any questions, please contact our support team at support@cashare.ch or call +41 41 558 48 88.
Your Cashare Team!
