Part G: Disclosures related to loans
United Kingdom
Where the crowdfunding offer involves the facilitation of granting loans, the key investment information sheet shall, instead of the information referred to in Parts D, E and F of this Annex, contain information on the following:
- (a)
The nature, duration and terms of the loan;
- (b)
The applicable interest rates or, where applicable, other compensation to the investor;
- (c)
Risk mitigation measures, including the existence of collateral providers or guarantors or other types of guarantees;
- (d)
The schedule for the repayment of the principal and payment of interest;
- (e)
Any default on credit agreements by the project owner within the past five years;
- (f)
The servicing of the loan, including in situations where the project owner does not meet its obligations.