- Enquiry: Companies apply using the SME loan application and state that a property serves as security. Private individuals contact the support team.
- Review and valuation: We review your application and have the property valued.
- Offer: You receive an offer with the interest rate and conditions.
- Funding: If you accept the offer, we publish your loan project on the platform. Investors fund it.
- Contracts and security: After the funding, you receive the contracts. You sign them and send them back to us. At the same time, the mortgage lien is established.
- Withdrawal period and payout: You can withdraw from the contract within 14 days from receipt of the signed contract. After that, we pay out the loan as soon as the security has been established and we have all the documents.
- Repayment: You pay interest and amortisation to Cashare. We allocate the payments to the investors and pass them on.
How long it takes until the payout mainly depends on the valuation and on establishing the mortgage lien. You can see the status of your application in your account.