What happens if the Borrower defaults / goes bankrupt?

In the unlikely event that the Borrower defaults, BigFundr has the right to liquidate the property to recover the funds. Regardless of the property liquidation outcome, BigFundr will be the first to be paid back upon the sale of the real estate. Maxi-Cash* will step in immediately and take over the repayment obligations promptly; investors will receive their principal and interest payments as scheduled.


*Maxi-Cash Capital Management Pte Ltd, a wholly owned subsidiary of Aspial Lifestyle Limited. 

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select atleast one of the reasons

Feedback sent

We appreciate your effort and will try to fix the article