What is the additional Group guarantee, and how does it work?

Written by Kate from Lonvest
Updated 9 months ago

At Lonvest, we understand the importance of protecting our investors' investments, even in the unlikely event of a loan originator facing financial difficulties and being unable to fulfill their buyback guarantee. This is where the additional Group guarantee comes in.

Our main partners, Space Crew Finance Group, have entered into guarantee agreements with loan originators. In the event of insolvency of a loan originator, other companies within the Space Crew Finance Group will cover all liabilities of the affected company, ensuring that investors' investments are protected. This is part of our commitment to maintaining transparency and our good reputation.

It's worth noting that the Buyback guarantee and additional Group guarantee may be affected in case of a force majeure event.

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