Whenever a business takes out a loan through 8lends, it secures that loan with collateral (equipment, vehicles, property, etc.).
🤩 But who holds it? Who verifies it? Who sells it in case of default? There's only one answer to all these questions: the collateral agent.
At 8lends, this role is handled by Maclear AG, our parent company. It holds all collateral on behalf of investors. Maclear is a member of SRO PolyReg and is authorized to act as a financial intermediary under the AMLA. It:
🔘 verifies the collateral before a deal appears on the platform
🔘 holds legal title to the collateral on behalf of investors
🔘 acts as the collection agent if the borrower defaults
🔘 sells the collateral and returns the recovered funds to investors
Without a collateral agent, the collateral itself wouldn't be nearly as valuable.
🇨🇭 On top of that, Switzerland has one of the strictest jurisdictions in the world, and Maclear AG has more experience in this field than 8lends.
So, your investments aren't backed by promises. They're backed by real collateral held by an experienced, regulated, and audited collateral agent.