06-07-2019, 05:39 PM
(02-07-2019, 11:46 PM)Monetus Wrote:(02-07-2019, 11:40 PM)shimself Wrote: I don't remember any skin in the game commitment from BC. Can you remind me please?
From their website:
We put our money into every deal
We only ever offer the chance to finance loans that we have personally invested into. BridgeCrowd grew out of a family business. The directors, partners and founding family members have been involved in bridging for 20+ years and as a general and almost invariable rule invest some of their own money into every single deal. We can therefore be trusted to take the same precautions with your money as if it was our own.
I looked I swear. Sorry.
Being picky there is no commitment to hold each loan to the end, nor in fact to invest in every loan