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What are the requirements to become a project promoter?
To be a Promoter you need to:
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Be a legal representative of the company.
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Have at least 2 years of registered activity (for start-ups, we require a P&L statement with a 3-year forecast)
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Have never been convicted in a lawsuit containing material evidence.
Our team individually assesses each company at the time of registration. Only companies that demonstrate sufficient financial stability to accommodate the payment of loans will be accepted. To reach our conclusion we will consult the registry of central banks in the promoter’s country (where credits and guarantees of a company’s financial activities are logged and accessible), as well as reports from independent credit rating agencies.
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Part or all of your original invested capital may be at risk and the return on your investment depends on the success of the project invested in. Consider all risks before investing and read the Key Investment Information Sheet (KIIS) for each investment, available at www.goparity.com. Power Parity, SA is a crowdlending platform authorized and supervised by CMVM (Portuguese Securities Commission). All payments, transfers and funds collection are assured by MangoPay SA, an electronic payments institution authorized and supervised by CSFF (Luxembourg Financial Authority) under the nº 8711.