Terms & Conditions
These Terms & Conditions govern access to and use of invertirec.com and the services provided by Invertirec S.A.S. By registering or funding an operation you fully accept these conditions. Please read them carefully.
1. Who we are
Invertirec S.A.S. is an Ecuadorian company, RUC 1793219874001, filed with the Superintendency of Companies, Securities and Insurance under file 729184. We operate as a crowdlending platform authorised through Resolution No. SCVS-INMV-DNAR-2023-00018421.
2. Nature of the service
Invertirec connects investors with real estate developers so the former can lend money to the latter, typically secured by a first-rank mortgage. Invertirec is not a bank, does not take deposits and does not guarantee the return of principal or the payment of interest.
3. Requirements to invest
To register you must be of legal age, have the capacity to enter into contracts and complete our Know Your Customer (KYC) process. We may refuse or close accounts if we detect signs of fraud, impersonation or links to sanctioned activities.
4. Investment risks
Lending to real estate projects involves the risk of partial or total default, delayed payments, liquidity risk if you need to sell early, regulatory risk and real-estate market risk. Past performance of other operations does not guarantee future returns.
5. Operation information
Each loan is published with a sheet that includes the requested amount, tenor, target yield, payment calendar, property description, independent appraisal, internal risk rating and contract summary. It is your responsibility to read the sheet and the contract before committing capital.
6. Funding, escrow and refunds
Funds are transferred to an escrow account at a regulated Ecuadorian bank. If the round does not reach the minimum amount within the planned period, Invertirec returns the capital in full, without interest, within a maximum of five business days.
7. Fees
As an investor you do not pay entry or maintenance fees. Structuring and administration fees are paid by the developer and disclosed on every operation sheet. On the secondary market we charge a transaction fee of 1 % of the assigned nominal.
8. Secondary market
The internal secondary market lets you transfer your position to other registered investors before maturity, as long as there is a willing counterparty. Invertirec does not guarantee the existence of demand or the price.
9. Default and recovery
If a developer misses a payment, Invertirec triggers a recovery protocol: formal notice, renegotiation when feasible and, ultimately, judicial enforcement of the collateral. Legal costs are deducted from the recovered amount before being distributed among investors.
10. Intellectual property
The contents of the site, including text, graphics, logos, software and databases, belong to Invertirec S.A.S. or to third parties who authorised their use. Their reproduction without prior written consent is forbidden.
11. Changes
We may update these terms following regulatory, operational or commercial changes. If the change has a material impact on your active investments, we will notify you by email at least fifteen days in advance.
12. Governing law and jurisdiction
These terms are governed by Ecuadorian law. Any dispute shall be submitted to the competent courts of the canton of Quito, unless the law imposes a different venue, for example for consumers. Before going to court, we invite you to write to us at legal@invertirec.com to find an amicable solution.