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Frequently asked questions

General

What is Crowdadance and how does it work?

Crowdadvance is an online marketplace where investors and real estate owners and developers have DIRECT access to each other. We are often referred to as a crowdfunding platform, marketplace lender, or peer-to-peer lender. Whatever term you choose to use, we are here to connect investors who want to invest in short-term real estate opportunites.  It’s that simple.

Through the Crowdadvance platform, accredited, industry non-accredited, and institutional investors have the opportunity to invest in real estate offerings online through a private, secure website. Investors can browse investments, review due diligence materials and sign legal documents securely online. Once invested, investors have access to an investor dashboard, giving them 24/7 access to watch how their money is working for them.

Borrowers and sponsors looking for capital can do so by filling out an online application, creating an account and going through our due diligence process.

We are here to simplify the capital raising process through the use of technology.

How do I get started on Crowdadvance?

Is Crowdadvance secure?

How is Crowdadvance capitalized?

What's the difference between a loan and Crowdadvance's and other online crowdfunding companies?

Bitcoin

WHAT IS BITCOIN?

 

BITCOIN EXCLUSIVES

Here is a list of things that you can only do with Bitcoin:

  • Spend and transfer money internationally for less than a penny.
  • Sell on the Internet without setting up with a payment service.
  • Protect your wealth from devaluation by the government.
  • Donate to any Bitcoin-accepting organization anywhere. 

 

CONSUMERS LOVE BITCOIN

There are lots of reasons consumers love Bitcoin:

Easier checkout

Paying with bitcoins is easier than using a credit card at check out. Unlike a credit card, with bitcoins, you don’t need to fill out a credit card number, an expiration date, a card holder name, or a CCV.

Cheaper prices

Merchants typically pay from 2% to 3% in credit card transaction fees. Merchants who accept bitcoins will be able to avoid credit card fees and can pass these savings on to consumers.

Increased privacy

With Bitcoin, you only provide the necessary information to the merchant. For example, if the product is not being shipped to you, you don’t need to give the merchant your address.

Increased security

With Bitcoin, you directly pay merchants and just like with cash there is no need to give them any payment information that can be lost, stolen, or used to make unauthorized charges.

Using bitcoins increases their value

If you have some bitcoins saved, you can make them more valuable by using them. Using bitcoins increases their demand which in turn increases the value of your saved bitcoins.

MERCHANTS LOVE BITCOIN

There are many reasons merchants love Bitcoin:

No reversals

Reputable merchants can still provide refunds as needed, but this is at the merchant’s option and the merchant has no risk of fraudulent charge backs.

Low transaction fees

Receiving bitcoins is free and sending bitcoins costs less than a penny. Merchants can convert bitcoins to dollars and get volatility protection for half a percent (0.5%).

Accept payments internationally

Take payment from anyone, anywhere in the world with confidence. In seconds, merchants will see the payment is on the way. Usually, in one hour, the transaction is fully completed. Services are coming to eliminate the hour delay.

No payment processor set up or fees

Merchants accept payments directly from consumers. Merchants do not need a relationship with any service to begin accepting bitcoins. Merchants do not need to worry about a payment processor refusing their business, delaying their funds, or cutting off service.

 

Referral Partners

Crowdadvance for Real Estate Professionals

How do I become a referral partner?

Email us at partner@crowdadvance.com to request more information about our Referral Partner Program. Or, call us at (888) 502-3849  and ask to speak to a member of our Referral Partner Team. If you are a suitable partner, we will send you our Welcome Pack and our Referral Partner Agreement. As soon as you sign and return the agreement, a member of the team will create a login for you to access your Partner Portal and we can get started working together on deals.

Is there a referral partner commission?

Yes, we pay our registered Referral Partners a fixed fee for any businesses they refer that get funded on our platform. This fee comes directly out of our own pocket from our origination fee proceeds.

When do referral partners get paid?

We do our best to pay commissions on the same date that the borrower receives their loan proceeds however not longer than 5 business days.

As a referral partner, how do I check the status of my client?

Use your login and password to access your Partner Portal via the blue ‘Sign In’ link in the upper right–hand corner of our homepage—www.crowdadvance.com. From your Partner Portal, you can complete and submit a loan application on behalf of your client, or you can share your unique Partner Affiliate Link (found in your Portal) so an applicant can submit their own application and it will tie back to your account.

Can my client enter their own application?

Yes. Every Partner Portal has a unique Partner Affiliate Link associated with it that can be found at the bottom of your dashboard. Just copy and send your Partner Affiliate Link to your client so they can access our online application.

As a referral partner, will you include me in all communication to the borrower?

It’s completely up to you. Every relationship we maintain is unique. We’re happy to reach out directly to loan applicants with requests for additional information, or you can manage the communication with your clients.

As a referral partner, can I receive a copy of my client’s Experian credit report?

No. For privacy reasons, we can only send a copy of your client’s credit report directly to your client and only after your client has provided us with the necessary verification information to do so.

As a referral partner, can I be copied on AAN decline emails to my client?

Unfortunately, no. For privacy reasons, we have to send all Adverse Action Notices directly to the borrower and cannot share that credit information directly with any other parties.

General Questions

Who invests through Crowdadvance?

Crowdadvance investors include high net worth individual investors and institutional investors including family offices, registered investment advisors, private equity firms, hedge funds, banks, asset managers, and non-accredited individual investors who work in commercial finance.

Who can invest through Crowdadvance?

When I invest in a real estate project though Crowdadvance, what do I own?

What fees are involved for investors?

What is crowdfunding and why haven't I heard about this before?

General Investor Questions

What are the benefits of investing though Crowdadvance?

Crowdadvance makes it easy for accredited, industry professionals, and institutional investors to invest in small businesses.

We provide access that was historically limited and pre-vet every investment in the marketplace. We spend countless hours sourcing real estate investments so you don’t have to. We also allow you to invest in real estate with dramatically smaller check sizes. Instead of $50,000 or $100,000 minimums, you can buy shares of investments with as little as $1,000. And we make the process frictionless – allowing you to screen investments online, sign legal documents online, and have access to all your documents in one place on your investor dashboard.

For institutional investors, we are a source of efficient and technology-based production, helping them diversify their portfolio while getting access to a wide suite of commercial debt products.

 

What will I actually own?

When will I get my investment back?

Can I use a retirement account to invest?

If a borrower stops paying, what happens?

Is there an investment minimum and maximum?

Is the investment performance guaranteed?

How often should distributions be expected?

Are these investments risky?

What are the tax implications for investing in Crowdadvance?

Who is eligible to buy larger percentages?

Borrowers

What is the process to get financing?

To apply for capital, start the application process here. You’ll be asked a quick series of questions about the property and you. Our propriety technology then will screen your application and if found to be suited, one of our account executives will reach out to discuss further details and provide you with a quote.

What are the advantages for owners and developers?

What sorts of rates do you charge?

Access Your Future

Create a free investor account. When you sign up, we make sure you are
accredited and allow you to access to all our projects.