Advice and answers from the FundedByMe Team

About Loan Crowdfunding

Articles for Investors and Entrepreneurs about FundedByMe Loan Crowdfunding

45 articles in this collection
Written by Lovisa Strömsholm
Lenders

Where can I find information about taxes?

Written by Lovisa Strömsholm
Updated over a week ago

Can FundedByMe guarantee a certain level of rate of return for lenders?

Written by Lovisa Strömsholm
Updated over a week ago

Do I get notified when a campaign successfully reaches its target?

Written by Lovisa Strömsholm
Updated over a week ago

Why do I need to upload my ID or passport?

Written by Lovisa Strömsholm
Updated over a week ago

How is my data protected by FundedByMe?

Written by Lovisa Strömsholm
Updated over a week ago

What happens if the financial/economic situation of entrepreneur worsens after getting loan?

Written by Lovisa Strömsholm
Updated over a week ago

What is BIC and IBAN?

Written by Lovisa Strömsholm
Updated over a week ago

Fee structure

Written by Lovisa Strömsholm
Updated over a week ago

What is the minimum amount a single lender can lend?

Written by Lovisa Strömsholm
Updated over a week ago

What is the maximum amount that a single lender can lend?

Written by Lovisa Strömsholm
Updated over a week ago

Why does FundedByMe work with both UC and Bisnode to score companies?

Written by Lovisa Strömsholm
Updated over a week ago

Who has to pay the taxes on capital profit of the interest?

Written by Lovisa Strömsholm
Updated over a week ago

Are the loans on FundedByMe secured with a personal guarantee?

Written by Lovisa Strömsholm
Updated over a week ago

Can any person lend money to a campaign?

Written by Lovisa Strömsholm
Updated over a week ago

How can investors control the risk level in their investments?

Written by Lovisa Strömsholm
Updated over a week ago

What do the FundedByMe Risk Indicators mean?

Written by Lovisa Strömsholm
Updated over a week ago

Who is a typical lender?

Written by Lovisa Strömsholm
Updated over a week ago

What factors should a lender consider when lending money to the loan crowdfunding campaign?

Written by Lovisa Strömsholm
Updated over a week ago

Which interest rate will be charged for the loan?

Written by Lovisa Strömsholm
Updated over a week ago
Entrepreneurs

What happens if the financial/economic situation of entrepreneur worsens after getting loan?

Written by Lovisa Strömsholm
Updated over a week ago

Can a campaign be deleted?

Written by Lovisa Strömsholm
Updated over a week ago

What is a Proof of Registration?

Written by Lovisa Strömsholm
Updated over a week ago

Is it possible to overfund a loan?

Written by Lovisa Strömsholm
Updated over a week ago

Can an entrepreneur pay back the loan earlier than expected?

Written by Lovisa Strömsholm
Updated over a week ago

Should I make different tax transfers and tax declarations with each particular lender?

Written by Lovisa Strömsholm
Updated over a week ago

What is a Shareholder Declaration?

Written by Lovisa Strömsholm
Updated over a week ago

Why do I have to link my bank account?

Written by Lovisa Strömsholm
Updated over a week ago

How many lenders can I have in my campaign?

Written by Lovisa Strömsholm
Updated over a week ago

What is BIC and IBAN?

Written by Lovisa Strömsholm
Updated over a week ago

What information about my business is available to the public?

Written by Lovisa Strömsholm
Updated over a week ago

Who is responsible for the success of a campaign featured on FundedByMe?

Written by Lovisa Strömsholm
Updated over a week ago

What payment provider does FundedByMe use for credit cards? Are there any fees?

Written by Lovisa Strömsholm
Updated over a week ago

When is my lending campaign considered 'successful'?

Written by Lovisa Strömsholm
Updated over a week ago

What amount of money can entrepreneurs borrow on FundedByMe?

Written by Lovisa Strömsholm
Updated over a week ago

Why does FundedByMe work with both UC and Bisnode for the risk assessment of companies?

Written by Lovisa Strömsholm
Updated over a week ago

For how long can I borrow money?

Written by Lovisa Strömsholm
Updated over a week ago

How soon can I receive the loan decision?

Written by Lovisa Strömsholm
Updated over a week ago

What interest rates will be charged for the loans?

Written by Lovisa Strömsholm
Updated over a week ago

How soon will the funds be transferred into my account?

Written by Lovisa Strömsholm
Updated over a week ago

What does the FundedByMe Risk Indicator mean?

Written by Lovisa Strömsholm
Updated over a week ago

How entrepreneurs are selected by FundedByMe?

Written by Lovisa Strömsholm
Updated over a week ago

Fee structure

Written by Lovisa Strömsholm
Updated over a week ago

Why do entrepreneurs receive loans through FundedByMe?

Written by Lovisa Strömsholm
Updated over a week ago

Why do companies need to have been operating for at least 18 months?

Written by Lovisa Strömsholm
Updated over a week ago