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What happens after a campaign closes?

What are the steps from the time I invest until I start receiving returns on my investment? 

After raising the total targeted amount (and the period of reflection has ended for the last investor), the campaign closes and no longer accepts investments. 

After the campaign closes (after the 4-day legal withdrawal period for investors): 

(A) Loans without guarantees: 

     1. Loan contracts between each investor and the promoter are generated and made available to the investor on the project page in their reserved area. 

     2. The funds raised in the campaign are transferred to the promoter, and the payment plan to investors begins. 

(B) Loans with guarantees: 

     1. Guarantee contracts associated with the loan are formalized.

           a) If the guarantees are subject to registration in a certain country (e.g., mortgages, pledges of social shares or assets), registration with the competent public authority is promoted. 

     2. Loan contracts between each investor and the promoter are generated and made available to the investor on the project page in their reserved area. 

     3. The funds raised in the campaign are transferred to the promoter, and the payment plan to investors begins. 

You can find more information about guarantees here.

If a campaign has associated guarantees, the completion of these steps typically does not exceed 15 days after the campaign closes. However, the process duration can vary depending on the type of guarantee, operation complexity, applicable law in the respective country, and the procedures required by competent authorities if the guarantee is subject to public registration. 

This timeframe is a contingency of the normal functioning of Goparity's services, which aims to protect the investments made. 

For legal caution and investment protection on the platform, promoters only receive funds after the guarantees are formalized, and only then does the payment plan to investors begin. You can find more information about this process here.