Fundscraper on your behalf takes the same actions as any other responsible lender. We first work with the borrower to assess what the obstacle to repayment might be. Once we understand the situation, we can work on a solution. If there is no reasonable solution, then we take steps to enforce the security. The value of the security is typically less than the value of the assets we have registered security against. Therefore, if we do have to enforce the security, it is our expectation that there will be sufficient valuable real estate to fully discharge what the defaulting borrower owes which include the expenses incurred enforcing the security.
FSRA #12859 | NRD #53460
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SECURITIES DESCRIBED ON THIS WEBSITE ARE OFFERED BY FUNDSCRAPER CAPITAL INC. IN ITS CAPACITY AS AN EXEMPT MARKET DEALER REGISTERED WITH THE ONTARIO SECURITIES COMMISSION (AND EQUIVALENT REGULATORY AUTHORITIES IN OTHER JURISDICTIONS IN CANADA) AND NOT IN ITS CAPACITY AS A MORTGAGE BROKERAGE UNDER THE FINANCIAL SERVICES REGULATORY AUTHORITY OF ONTARIO.
The information presented on this website may consist of investment opportunities that include projections and forecasts based upon information, including forward-looking assumptions and estimates. There can be no assurance whatsoever that these projections and forecasts will be achieved. Readers should refer to the offering documents contained within each investment opportunity only for full details including risks relating to such opportunities. In addition, Readers should consult with their investment advisor and other advisors, including legal and tax, before making any investment through Fundscraper. Fundscraper may also be a “related” issuer (as such term is defined in National Instrument 33-105—Underwriting Conflicts) of a party offering securities on this website. Readers who are considering purchasing any investment from this website should read the applicable offering materials, including any related offering memorandum, before making an investment decision.
Information provided on this website is for the confidential use of only those persons to whom have qualified access to the Fundscraper website. Any offering materials provided on the site constitute an offering of securities only in those jurisdictions and to those persons where and to whom they may lawfully be offered for sale. These offering materials are not, and under no circumstances are to be construed as a prospectus or an advertisement for a public offering of these securities. No securities commission or similar authority in Canada or elsewhere has in any way passed upon the merits of the information on this site or securities offering in the offering materials and any representation to the contrary are an offence. Persons who acquire securities pursuant to the information on this site and offering materials provided on this site will not have the benefit of the review of these documents by any securities commission or similar authority.
Fundscraper is a registered trademark of Fundscraper Corp. and its affiliates.
© 2016-2022, Fundscraper Capital Inc. All Rights Reserved.
