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UK, Debt and Community Shares, Renewable Energy

Tags: platform
Established2011
LocationLondon, UK
RegulationFCA Trillion Fund Limited is authorised and regulated by the FCA under interim Permission (IPN: 662716) to operate an electronic platform for loan-based crowdfunding
IndustryRenewable Energy
Minimum Investmentn/a
InvestmentsEuropean and UK Investors
Trust Account OperatorBarclays Bank PLC
Trust Account
InstrumentsDebt, Community shares
How it worksInvestors need to set up an account with Trillion Fund to lend through the platform. If you commit your funds to a project, once a lending opportunity has hit its fundraising target, Trillion Fund will notify and provide you with a loan agreement. This document will set out detailed terms on which the loan will be made to the borrower. If the loan does not reach its fundraising target before the end of the specified period, the lending opportunity will be removed from the Trillion Fund platform and any commitments you have made to the loan will be cancelled.
Feesdepending on deal
What happens if I change my mindEach time you commit to lend money or invest, you will have a 14-day cooling-off period during which you can cancel your order for whatever reason (including changing your mind). You are entitled to this by statute as with all financial products.
What happens if the platform fails?Debt only: Loans falls under the loan-based crowdfunding regulations and thus your money is held with Trillion Fund for which they hold the appropriate interim permission. Trillion Fund will hold your money in their ‘client money account’ held with Barclays Bank PLC where it will be held pending completion of the loan agreements. Trillion Fund will collect any interest and repayments made by E5 Energy into the client money account and distribute them to you when due. In case Trillion Fund became insolvent, their creditors could not reach your money.
Funding Window Lengthn/a
Type of Contributionn/a
Syndicated Opportunityn/a
Direct Platform Investmentn/a
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