TFG Crowd review shows that TFG CROWD is Estonian-based crowdfunding platform focused on business finansing. Crowdfunding is pretty simple. Visit a crowdfunding platform, find something you want to invest in, send your money, and wait for results. The difference boils down to what crowdfunding sites you visit. The most common crowdfunding platforms allow you to invest in a project or product in return for special rewards, usually in kind.

There are, however, royalty financing platforms like TFGCROWD that promise substantial financial gains in return for investments in money and trust. In general, royalty financing platforms function as loan originators, building quid pro quo connections between investors and businesses. Think of it in terms of traditional initial public offerings (IPOs), where investors enjoy profits from the company shares that they buy. Except it’s not traditional at all: you don’t have to deal with banking intermediaries, and you’re not beholden to the caprices of a few investors.

TFG Crowd team of experienced professionals have established themselves as trusted partners in various business fields throughout our group companies across Europe. TFG CROWD is the newest addition to their group, which already includes:
– TFG PAY – an FCA registered financial services provider, which provides alternative banking solutions to businesses across the European Economic Area.
– TFG LOGISTICS – managing logistics across the globe;
– TFG REAL ESTATE – real estate development and management.

Key facts about TFG Crowd

Estimated annual returns: 10,3%
Launched: 2019
Autoinvest: No
Loan security: Yes
Buyback guarantees: Yes, TFG Buyback Guarantee Fund
Registered investors: 1000+ in November 2019
Minimal investment: € 100
Time to become invested: up to 1 day
Time needed managing: Low
Regulation: Regulated by the Estonian Financial Supervision Authority
Country of operation: Estonia
Defaulted loans: 0%
Borrowers verification: By the platform
Accepted currencies: Euro
Accepts investors from: EU

TFG Crowd Review: Pros and Cons

PROS

– User-friendly and intuitive dashboard for investors
– International business architecture
– Fast ID verification and time to become money invested (in my example one day)
– BuyBack Guarantee

CONS

– Very young crowdfunding platform in the competitive crowdfunding market

Competitors:

Envestio, Crowdestor, Monethera, Wisefund

TFG Crowd review: What I have experienced so far

Firstly, some words about opening account in TFG Crowd. For me it was easy process, which takes up to 20 minutes. You just need to fill personal information and upload a copy of passport or ID.

Add funds to TFG Crowd account also is enough easy and platform where you can deposit through bank (it can take up to 2 working daysI

Secondly, some facts about my experience using TFG Crowd investment opportunities. There already have been two projects funded with a value of almost 120000 eur. Interest rates where 5% and 7%. One project with interest rate of 12% could not reach the funding target and has not been funded. It means that at the moment there is a lack of investors who could support projects listed there. Besides that there are 9 projects that will be presented for investors with interest rates up to 17%. Personally I will look how fast each project will be finansed and only then I will decide if I will invest in any of those. TFG Crowd says that they invest up to 50% of the needed amount to the businesses listed at their platform. However, it is not stated what an average investment is (it might be only a few hundred euros or even lower amount).Some part of defaulted investments will be covered from the TFGcrowd Buyback Fund. Also, it is needed to mention that interest rates starts calculating from the day the you make the investment.

Overall, TFG Crowd platform is worth following. Especially if you as an investor prefer investments into projects. On the other hand the company is very young and needs to prove that projects listed on their platform are able to repay back the loans.

TFG Crowd review written by TTomas Medeckis