What happens if MoolahSense goes out of business?

MoolahSense has put in place comprehensive arrangements so that in the event that MoolahSense goes out of business, the notes that have been successfully issued on the platform will be unaffected and investors will continue to receive their monthly repayments.

As investors are financing directly to businesses, the parties to the note are between the investors and the borrower (‘issuer’). These contracts remain in place and are unaffected. MoolahSense has entered into a back-up servicing arrangement to transfer the servicing functions of all outstanding notes to provide continuity in the event that MoolahSense becomes insolvent.

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