What guarantees or security do lenders receive?
Depending on the loan, security may include:
- Collateral (e.g. vehicles, equipment, real estate)
- Revenue-backed repayment structures
- Contractual guarantees
All guarantees are described in the loan documentation.
What is the difference between collateral and a guarantee?
- Collateral: Physical or financial assets that may be sold if the borrower fails to repay
- Guarantee: A contractual commitment to repay under defined conditions
What happens if Amitours cannot repay?
All loans on MyPeak.finance are backed by Alps2Alps. If the platform cannot meet its obligations, the operating business covers them
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