Legal notice

Risk disclosure

Investing through a crowdfunding platform involves significant risk. Read this page carefully before opening an account, reviewing opportunities or committing capital.

Do not invest money you cannot afford to lose. As a general discipline, avoid concentrating a large share of your net income or investable assets in crowdfunding projects.

Loss risk

You can lose some or all of the capital you invest.

Illiquidity

You may not be able to exit before the investment matures.

Read documents

Review every KIIS and contract before committing funds.

Investor responsibility

Understand the risks before you invest

The points below are not exhaustive. Each opportunity has its own legal, financial, operational and market risks, and you should assess them together with the opportunity documents.

Capital at risk

Crowdfunding investments are risky and may lead to the partial or total loss of the amount invested.
A project may fail to repay interest, principal or any other amount expected under the relevant investment documents.
Real estate projects can be affected by construction delays, cost overruns, market conditions, tenant demand, valuation changes, insolvency and enforcement outcomes.

No deposit or investor compensation protection

Amounts committed to crowdfunding opportunities are not bank deposits.
Your investment is not covered by deposit guarantee protection under Directive 2014/49/EU or related Romanian rules.
Your investment is not covered by investor compensation schemes under Directive 97/9/EC or related Romanian rules.

Liquidity and transfer risk

You should not assume that you will be able to sell, assign or otherwise transfer your investment when you want to.
Even where a transfer is possible, it may only be available at a discount and you may suffer a loss.
Crowdfunding investments should not be treated as savings products. Consider whether you can keep the capital invested for the full expected term.

Information and due diligence limits

Information about project owners, developers, borrowers and real estate assets may be limited, incomplete or become outdated.
Public information and information made available on the platform may prove inaccurate, and unknown facts may negatively affect the investment.
GROW Invest may review project information before publication, but this does not amount to a guarantee, approval, investment recommendation or investment advice.

No advice or recommendation

GROW Invest does not provide legal, tax, financial or investment advice and does not assess whether a specific opportunity is suitable for your personal circumstances.
Any decision to invest is yours alone. You should review the Key Investment Information Sheet, contractual documents and project materials carefully.
You should consult your own legal, tax, financial and investment advisers before deciding whether an investment is appropriate for you.

Real estate exposure

Investing in a real estate financing opportunity does not make you the owner of the underlying property.
Your rights are limited to the rights described in the relevant investment documents, which may be creditor rights against the project owner or borrower.
If a project owner defaults or becomes insolvent, recovery may depend on enforcement, restructuring or insolvency procedures, and you may recover only part of your capital or nothing at all.

Regulatory and documentation risks

Project materials, including any Key Investment Information Sheet, may not have been approved by Romanian or European public authorities unless expressly stated.
Past performance, projected returns, collateral values and financial forecasts are not reliable indicators of future results.
Knowledge tests, loss-bearing simulations or onboarding checks do not remove investment risk and do not guarantee that an investment is suitable for you.

Before committing capital

Make sure you understand the structure of the investment, the identity and obligations of the project owner, the expected repayment mechanics, the risks described in the KIIS and the consequences of default or insolvency. Your investment decision should be based on your own assessment.