What happens to my loans if FundingPartner goes bankrupt?

The loans and bonds you have already invested in are not affected if FundingPartner goes bankrupt. FundingPartner only acts as an intermediary for loans, and FundingPartner Securities AS only arranges bonds. We have no ownership interest in, or claim on, the money invested through the platform. The loan agreements and bond terms remain fully in force even if FundingPartner goes bankrupt, and the borrower's and issuer's obligation to pay interest and instalments does not change.

Investors' money is held in separate client accounts with the Norwegian bank DNB, fully segregated from FundingPartner's own funds. The money in the client accounts is therefore protected from FundingPartner's creditors.

The technical platform will remain in operation even if FundingPartner goes bankrupt. In practice, our lawyers, or someone else appointed by the bankruptcy administrator, will ensure that interest and instalments are paid out as normal, preferably via the platform, until all loans and bonds have been repaid. If a borrower does not pay, Kontrakt Advokatselskap will handle follow-up and collection on behalf of investors for Norwegian loans, and our legal representatives will do so for Swedish loans, as they do today. For bonds, the bond trustee follows up on behalf of the bondholders.

A bankruptcy would, however, mean that FundingPartner no longer arranges new loans or bonds, so you would not be able to invest in new ones via the platform.