TFGcrowd is a crowdinvesting platform that connects investors with businesses worldwide. We offer attractive rates, transparent fees, comprehensive and user-friendly platform to our investors and businesses. TFGcrowd streamlines the crowdinvesting process for companies and investors and makes it more straight forward and secure.
Anyone who is at least 18 years old and holds a bank account in an EEA authorized bank or payment institution.
Creating an account is very easy. All you need to do is fill out our registration form here.
After completing the registration process, it may take up to 3 hours for TFGcrowd to approve your application.
Please check your spam folder. If you couldn’t find it there, please contact us via email at [email protected]
Please contact our team via customer live support available Mon-Fri from 9:00am to 5:00pm (EET) or via email [email protected]
The companies officially registered in the EU can have a TFGcrowd business account.
A company director is the only one who is allowed to create a TFGcrowd business account that should only be used for the investments made on behalf of a company.
To add your business account, you need to login to your TFGcrowd personal account and on the account overview to choose 'My companies' -> 'Add business account'
Step 1
To create your business account choose “Create Account” on the main page of our website. In order to proceed please make sure you have your personal TFGcrowd account registered and successfully verified.
Step 2
Next, please create your TFGcrowd Business Account and fill in the required info by clicking on “Register”. You should confirm the registration in the confirmation message that will be sent to the specified email address.
Step 3
As the third step, please fill in “Personal info” and “Address” steps with the required data.
Step 4
Finally, you should upload your company documents to verify your TFGcrowd Business Account and wait for the completion of the verification process. We may contact you and ask for some additional information.
The only possible means of payment is via bank transfer from European Economic Area bank accounts, including all EU Member states, Norway, Iceland, and Liechtenstein.
We accept SEPA (EUR) bank transfers only.
We are currently accepting SEPA (EUR) payments only, hence we don’t use sort codes. You can either transfer the funds using IBAN or if you transfer currencies which are different from EUR, you can make it via TransferWise and the funds will be converted in their system. Please make sure you check conversion rates before making the payment.
The minimum amount you can invest is 50 EUR, but there is no maximum amount set.
Our investors do not and will not be paying any additional charges. All expenses related to the loan process will be handled by the borrower.
Yes, the interest rates are fixed for the entire loan period.
The system is scheduled to process interest rate transactions daily at 2 pm (EEST).
Interest rates on your investment are calculated from the moment you make your investment.
Our general conditions stipulate that investment is repaid in full at the end of the loan term, while interest is either paid out monthly or at the end of the term, depends on the project. Detailed information revealing specific terms of investment is available for each project separately.
Your funds will automatically appear on your account as soon as it will reach us. This process can take anywhere from a few hours up to three working days. Please make sure you always use your unique reference number when making bank transfers, as it enables us to allocate your funds automatically. Please be aware that our working hours are Mon-Fri from 9 am till 5 pm (EEST)
Currently, TFGcrowd does not provide an early exit option from the projects. There will be such an opportunity available with the launch of the secondary market, which is coming soon.
You can withdraw your funds once you have logged into your account. Please select “Overview” from the drop-down menu that is available once you log into your account and proceed with “Withdrawal”. The minimum amount you can withdraw is €50, the money will be transferred to the bank account that is connected to your TFGcrowd investment account.
If a project raises a minimum target, the project is considered successfully funded and investment is paid out at the end of the loan term. If a project does not raise a minimum target, it is considered unsuccessful and investments return to Investor TFGcrowd accounts within 48 hours.
If you need to change your bank account, please inform our team via email [email protected]. Due to security purposes, we will change it manually on your behalf.
There is detailed information available for each of the projects revealing background information of the project, investment type, annual return rate, loan term as well as conditions of investment and interest reimbursement.
Auto Invest is an automated feature that allows you to invest your funds automatically in all projects available for investing on the TFGcrowd platform.
Auto invest is comfort, speed and functionality. The feature helps you out to automate investments. You set up the necessary criteria for your future investments in the first place and you simply keep following the way the investments made give raise to your passive income.
Once you login to your TFGcrowd account, from the account overview you click on Auto Invest, go to the 'My first strategy' window, set the strategy conditions by filling in the necessary fields, and save and activate the strategy.
For further strategies, you should choose '+ADD STRATEGY' from the upper right corner below the account overview. In addition, you can go to ' show advanced options' and set them up.
The endless amount of auto invest strategies can be made, and each can have its priority.
There are no limitations when it comes to investments. You can do both simultaneously.
You need to deactivate it first. Next to 'Deactivate' here is the 'Edit' button. Click on it, customize your strategy, and put it back into action.
If the strategy had worked out and you’ve got the active investments on it, then it is not possible to edit it.
Alternatively, a new Auto Invest strategy can be created and the necessary investment criteria can be set up.
You can deactivate any auto invest strategy if you click on the active strategy and choose 'Deactivate'.
All activated investment strategies will take effect 1 hour after activation.
In order for your transfer to be processed correctly, please send a request to [email protected] indicating both your reference number and the sum of money you transfer and send it via the e-mail address that was used for your TFGcrowd account registration.
Paysera
If necessary, to verify your transaction, Paysera may request to provide the following information:
1. Your relationship with the sender of funds;
2. Basis/purpose of this transfer;
3. A document that justifies this payment (an agreement, invoice, etc., NOT an account statement).
You will be able to use the money transferred as soon as the verification of your additional data is successfully completed. TFGcrowd will make a refund in case you disagree/are unable to provide additional information or/and documents.
Should you need any further help or more detailed info, please contact Paysera Support Assistance and follow Paysera FAQ
We do accept deposits via TransferWise, but we cannot send money back via TransferWise.
Our referral program enables you to earn rewards by sharing your personal referral link to your friends, family or anybody who might be interested. All the registered users can get referral link and participate in the program.
For every invited person who partners with us and invests €100 and more, you both get €20 reward instantly. Additionally, you will earn 2% of the investment that is made by your invited friends within the first 90 days of joining TFGcrowd.
The €20 reward will be automatically added to your account as well as to the invitee's account once the person you invited makes an investment of €100 and more. The bonus reward of 2% will get paid out monthly during the first 90 days from the date of investment, meaning, it will be calculated and transferred to your account at 30, 60 and 90 days after the investment.
You can invite anyone with whom you would like to share your experience with the TFGcrowd platform and who meets the requirements of TFGcrowd. Namely, they must be at least 18 years old and hold a bank account in an EEA authorized bank or payment institution.
There are no limits to the number of people you can invite – the more referrals you make, the higher the commission you can get.
There are no limits for referral commission, the more referrals you have, the higher is your commission.
You can withdraw the referral commission as often as you want, there are no extra fees applied. The minimum amount you can withdraw is €50.
The referral commission will be paid during the first three months from the date when invited person invests his funds into the project.
You can share the link privately via the tools your invitees are best acquainted with - email, messages or even your social network profiles.
Please contact us via e-mail at [email protected] or via Customer Live Support (is available business days from 9:00am to 5:00pm (EEST)). We will respond you at our earliest convenience. Full terms and conditions of the TFGcrowd referral program can be accessed in Terms of Referral Program.
The buyback guarantee is a segregated fund that protects the interests of our investors when they invest in Business Loan projects. In case a borrower of a Business Loan project does not fulfill its obligations with repayment of the loan partially or in full, then sixty days after the repayment date TFGcrowd will initiate the compensation procedure and will repay the investors from the BuyBack Guarantee Fund. BuyBack Guarantee Fund does not apply to projects which are Guaranteed by Guarantor.
This fund is kept in a separate, segregated account and will be used in case any of the borrower’s default. 2% of each Business Loan (not Invoice financing) project funded through the TFGcrowd platform goes towards the TFG Buyback Guarantee Fund and the total amount of Buyback Guarantee Fund is displayed on our site.
In addition to the Buyback guarantee, till 31.12.2020 there is Buyback guarantee Extra (except for loans Guaranteed by Guarantor) in place secured by The Finance Group. More detailed information regarding Buyback Guarantee extra is available on our site.
Payments from the Buyback Fund are limited to the amount in the fund on the day of repayment. But usually there is also additional collateral on every project.
If a borrower of Business Loan project is declared bankrupt meaning the Borrower has made no payments towards covering its outstanding liabilities for longer than 60 consecutive days after the day the loan was due to be repaid, TFGcrowd will initiate the procedure of the realisation of collateral (corporate and/or personal guarantees) in order to repay both - the invested principal amount as well as accrued interest.
No, only Business Loan projects are secured with a Buyback guarantee. Invoice Financing projects are guaranteed by Guarantor, but it is not a TFGcrowd guarantee.
The projects of the Invoice Financing type are Guaranteed by Guarantor, which consists of corporate and/or personal guarantees provided by a borrower. We evaluate the borrowers company, its financials and assets, trading history, credit worth, risk involved and appoint it with a rating and a credit line according to it. BuyBack fund does not apply to these types of projects.
Investor confidence is important to us. That’s why we carefully evaluate each borrower’s ability to repay the loan by examining every relevant borrower's information that we can find, including their reputation, financial background, and current commitments. After the vetting process, our experts evaluate the business plans, financial reporting, and loan security proposals thoroughly.
You will find a detailed description regarding securities for each project separately in the project description. Additionally, some of the Business Loan projects are secured with a Buyback guarantee.
Business Loan projects are protected with Buyback Guarantee and Buyback Guarantee extra, meaning, if the project goes bankrupt TFGcrowd will initiate the compensation procedure of both - the invested principal amount as well as accrued interest. Please refer to more detailed information regarding Buyback Guarantee and Buyback Guarantee extra available on our site.
If a borrower of Invoice Financing project is declared bankrupt meaning the Borrower has made no payments towards covering its outstanding liabilities for longer than 60 consecutive days after the day the loan was due to be repaid, TFGcrowd will initiate the procedure of the realisation of collateral (corporate and/or personal guarantees) in order to repay both - the invested principal amount as well as accrued interest.
Upon an unlikely bankruptcy of TFGcrowd, the process will be managed in the best possible manner to ensure investors’ interests are satisfied and handled properly according to the bankruptcy administrator’s procedures. Investors of the platform will be provided with detailed information of transactions they have made on the p2p marketplace and TFGcrowd’s appointed bankruptcy administrator will take all necessary actions to transfer the servicing of loans and investments to an appropriate manager.
Unfortunately, we are not authorised to and do not provide tax-related consultations. We highly recommend that you consult an authorised tax adviser regarding tax liabilities on interest earned while making crowdinvesting. An investor is fully responsible for paying his taxes and TFGcrowd does not bear any responsibility for the taxes the investors need to pay on interest earned.
You can download Tax report revealing all the transactions for your selected time period once you login to your TFGcrowd profile. Please select “My profile” from drop-down menu, choose the Report section.
Please contact our team via email [email protected] or via Customer Live Support (is available business days from 9:00am to 5:00pm (EEST)).
TFGcrowd Marketplace is the place, where businesses looking for finance meet investors looking for investment opportunities. Small and medium sized businesses can raise financing on TFGcrowd Marketplace either in the form of loans or as invoice financing. TFGcrowd Marketplace evaluates the companies looking for financing and, based on their financial indicators, creditworthiness checks and the collateral they can grant, sets their limits and offers them access to the TFGcrowd Marketplace platform, where they can raise the necessary financing from verified investors.
In short – invoice financing is just another form of borrowing, allowing businesses to improve their cash flow by unlocking cash tied up in unpaid invoices. This allows businesses to cover their costs and expenses in a timely manner and reinvest the leftover funds back into the business within a shorter time period, facilitating faster growth than would otherwise be possible, if the company had to wait for their invoices to be paid in full. This means their working capital is used more efficiently.
You apply via TFGcrowd Marketplace, we evaluate your company and any unpaid invoices you want to finance and provide a quote and terms, as well as set limits. If you accept the quote and terms, an agreement to raise financing on TFGcrowd Marketplace is signed. We then list the invoices on TFGcrowd Marketplace platform and verified investors can provide finance for a set term and return. You receive the finance and repay it with interest, based on an agreed repayment schedule.
You can get up to 90% of the invoice value and up to a total amount of €200,000, subject to approval and limits set by TFGcrowd Marketplace, after it has carried out careful evaluation of your company’s financial indicators and creditworthiness checks.
Typical invoice financing periods range between 30 and 120 days, subject to approval from TFGcrowd Marketplace, after it has carried out careful evaluation of the company’s financial indicators and creditworthiness checks.
Businesses are often pushed to offer delayed payment terms for the products and services they provide. Even those businesses that have a steady cashflow and may afford to wait for the delayed payments from customers, often choose to use invoice financing, as this allows them to achieve shorter working capital turnover cycles, meaning that they can use their working capital more efficiently and grow their businesses at a faster pace.
Easy and fast access to financing; No need to put down personal or real estate collateral in order to receive funding – invoices issued to customers work as security; Flexibility regarding funding size – limits can be increased or decreased in line with the business growth as and when needed; Accessible to star-ups and growing businesses with expanding sales, but little or no history proving the eligibility for bank funding; Allows businesses to scrap discounts for early payments from customers and increase their profit margins in such a way; Allows businesses to demand discounts from suppliers for volume-buying or early payment, again boosting profit margins; Gives a competitive advantage, as invoice financing allows offering favourable payment terms to customers; Allows faster growth of a company by freeing up working capital.
The cost of invoice financing is higher than for other types of financial funding and the responsibility of unpaid invoices will remain your liability. Your business will need to share the financial situation of the company with TFGcrowd Marketplace, so that creditworthiness can be evaluated and the success or failure to secure invoice financing will very much depend also on the financial position and reliability of your customers.
If you want to relieve cash flow pressures, access funds tied up in unpaid invoices and use your working capital more efficiently, invoice financing can be a helpful tool in achieving this, if you provide goods and/or services to other businesses and provide them with credit terms of between 30 and 120 days.
No, invoice financing will not be suitable for all businesses. Suitability very much depends on the industry the business operates in, it’s assets, trading history, as well as trading partners and the terms on which trade is carried out
Please see our fees page for an up to date information.
TFGcrowd Marketplace is the place, where businesses looking for finance meet investors looking for investment opportunities. Small and medium sized businesses can raise financing on TFGcrowd Marketplace either in the form of loans or as invoice financing. TFGcrowd Marketplace evaluates the companies looking for financing and, based on their financial indicators, creditworthiness checks and the collateral they can grant, sets their limits and offers them access to the TFGcrowd Marketplace platform, where they can raise the necessary financing from verified investors.
Companies apply for a loan via TFGcrowd Marketplace, providing all the required documents for verification and evaluation of the company. Once the company has been evaluated, TFGcrowd Marketplace provides a quote and offers the terms on which the company can list their loan on the TFGcrowd Marketplace platform. If the company accepts the terms and the quote, an agreement to raise funding is signed and the loan is listed on the TFGcrowd Marketplace platform, giving verified investors the chance to invest in financing the loan for a set term and return. Loan agreements between each investor and the borrowing company are signed and funds from investors are transferred to the borrowing company. The borrowing company repays the loan with any accrued interest based on the repayment schedule agreed between the borrowing company and the investors.
TFGcrowd Marketplace advises for a typical fundraising campaign to be listed on the TFGcrowd Marketplace platform for 30 days, but many campaigns raise the necessary funds much sooner than that. An option to extend the fundraising campaign is also offered, at the borrowing company’s discretion, if the necessary funds have not been raised during the agreed fundraising period.
Businesses can borrow up to €250,000, subject to approval from TFGcrowd Marketplace, after it has carried out careful evaluation of the company’s financial indicators, creditworthiness checks and the collateral you can grant.
Typical loan periods range between 6 and 24 months, subject to approval from TFGcrowd Marketplace, after it has carried out careful evaluation of the company’s financial indicators, creditworthiness checks and the collateral you can grant.
Typical interest rates offered on the TFGcrowd Marketplace range between 16% and 36% per annum. The interest rate paid by your business is determined by a number of factors, such as length of the repayment period as well as potential risks involved and is subject to approval from TFGcrowd Marketplace, after it has carried out careful evaluation of your company’s financial indicators, creditworthiness checks and the collateral you can grant.
Yes, but restrictions apply. For example, we usually require a period of between 3 and 6 months of repayments from your previous loan before considering a second loan application. There are also limitations on the total outstanding liabilities undertaken by any one company through the TFGcrowd Marketplace platform.
Yes, you can repay your business loan in full at any time, but you will also have to pay all the agreed, unpaid interest for the whole duration of the loan.
Yes, only company director/directors, who are authorised signatories of the company can apply to raise funding for a business loan through TFGcrowd Marketplace. The director needs to complete both the verification process of the company and personal verification, as well as sign all the required documents.
An option to extend the fundraising campaign is offered, at the borrowing company’s discretion, if the necessary funds have not been raised during the agreed fundraising period. If the loan does not reach fully funded status during the extension period, businesses are offered the option to withdraw from the loan agreements by repaying any funds which they have already received back to investors or to proceed with the loan agreements that have been concluded.
Once you have accepted your loan contract and your loan has been listed on the TFGcrowd Marketplace, you won’t be able to cancel your loan funding request.
Share Finance is a process whereby investors have the chance to invest in a privately held company in return for acquiring a shareholding in that company. Such shareholdings may generate returns in the form of dividends or if the company is sold at a higher value than it was valued, when you made your investment.
When you decide to use share finance to invest in a business on TFGcrowd, in return for your investment you will get shares in that company. Your shares will be held by the TFGcrowd nominee.
Depending on the amount you invest and the number of shares issued during the funding round, you will be allocated a percentage share of ownership in the business.
No, there are no fees payable for investing in shares.
The shares owned by you will be issued to and held by the TFGcrowd nominee. This will mean that the legal holder of your shares will be the nominee. Communication between the company and the shareholders will therefore mainly be conducted through the nominee company, but in some cases, the company may provide updates to you directly. The nominee company will hold your shares on trust for you, safeguarding your rights and entitlements.
Depending on the pitch, your shares may or may not hold voting rights. You should carefully check this information in project details before deciding to make an investment.
Yes, you may sell or transfer the title to your shares to any active TFGcrowd user by informing the nominee company and providing them with their requested information. Currently, there is no secondary market, though, so you will need to find the buyer yourself. Any renumeration for the sale of shares should be agreed and carried out directly between you and the buyer.
Anyone wishing to sell their shares may extend their offers to the nominee, which at its own discretion may choose to accept or reject any given offers. The nominee has no obligation to buy any shares offered to them for sale.
Companies may or may not decide to pay dividends to their shareholders. If a dividend is paid, this will be transferred to your TFGcrowd account from the nominee company.
Any proceeds from the sale of the company attributable to your shares will be transferred to your TFGcrowd account from the nominee company.