What happens if Simple Crowdfunding ceases to operate?

For P2P Loans: 

While your P2P loan is between you and the fundraiser, Simple Crowdfunding plays a key administrative role.   Should Simple Crowdfunding cease operating, this may well affect your investment due to factors including increased costs in administering the loan.   In this case, an alternative manager could be appointed to continue the management of the assets in accordance with our terms.

This could affect your investment due to various factors including reduced support and increased costs in administering the loan.

Although we have a wind down plan, there is no guarantee that it will be carried out successfully.


Additionally:

Each property investment is separately ring-fenced from the assets and liabilities of Simple Crowdfunding, as well as any other property investments on the platform. 

Any funds that are held in your account, but not yet invested in property, are held by the money recipient and will be returned to investors in the event of Simple Crowdfunding falling into financial distress.