What Happens If a Loan Does Not Reach Its Funding Target

Your committed USD amount is allocated to the selected project and is no longer available for another investment. While the pool remains open, that allocation is a reservation for a proposed loan. It does not mean the borrower has received the money.

The investment procedure records the project transaction and provides its identifier. That record establishes the commitment; the project’s funding status establishes whether it has moved beyond collection.

A borrower undergoes review before appearing on the platform, but approval for listing and successful funding are separate events. A reviewed project may still be collecting commitments. Likewise, completing any required identity verification does not mean the pool has closed.

Is committing to a loan listing a binding decision?

Do not assume that a commitment can be reversed simply because the pool remains open. An investor cannot cancel while the pool is open, because the funds are already committed to the smart contract. If you are unsure whether your transaction completed, ask support to check its status before relying on access to that money.

Interest does not accrue while the pool remains open. Accrual starts after successful pool closure, when the funds go to work with the borrower. The standard monthly payment schedule follows that transition, rather than the date you clicked Invest.

The minimum investment is USD 100. A listing’s fixed 19-25% APR describes the loan’s annual interest rate. It should not be treated as payment for every day during which your money is committed to fundraising. For your particular project, confirm with the platform the recorded start date and first payment date.

Money reserved in an open funding pool earns no interest during collection; if the project becomes Not Funded, the committed amount is returned automatically to the investor's wallet, but exact refund timing should be confirmed with 8lends support rather than assumed.

If a P2P loan is not fully funded, the shortfall alone does not decide the outcome. A pool close to its target can proceed with the amount actually raised. There is no universal acceptance threshold for partial funding in P2P lending, so the shortfall by itself tells you little.

Check the project’s status before treating the shortfall as a cancellation. Confirm with the platform whether collection continues, a revised amount is accepted or the project ends without funding.

When a project reaches the Not Funded stage, the committed amount returns automatically to the investor’s wallet. That outcome is different from a listing that is still collecting money, and it does not set a precise refund deadline for every cancellation scenario.

How long can a loan listing stay open before it closes one way or another?

There is no single collection period that applies to every listing, and a funding deadline on one project does not imply a universal number of days.

Ask support for the deadline applying to your project and whether it can change. The loan’s repayment term is a separate period and should not be used to infer how long fundraising may remain open.

An investor’s wish to cancel and a borrower’s withdrawal are separate events. The first concerns access to money already committed; the second concerns whether the proposed loan will proceed. Neither amounts to a completed refund.

If you want to cancel, the open-pool rule does not offer that option. Ask support to clarify your transaction status if necessary. If the borrower withdraws, ask whether the listing is formally closed and how the committed amount will be returned. Closure of a listing and availability of a refund need to be checked separately.

Can an investor cancel a commitment while the listing is still collecting?

No. An investor cannot cancel while the pool remains open. Rejecting an unsigned transaction before committing funds is a different action.

If your transaction status is unclear, ask support to check it. Selling an existing loan participation is a separate operation and should not be confused with reversing a pending commitment.

BuyBack is also a separate mechanism. It concerns an issued loan and credit-related events under its terms; it is not the procedure for returning a commitment to a project that never became an active loan.

When a project ends without funding, the committed amount does not remain invested in an active loan. For a Not Funded return, the destination is the investor's wallet. Confirm exact availability and other cancellation scenarios with support; do not assume a platform-balance credit.

Check both the project status and the return record. The public Base transaction history can help verify a recorded operation without registration. It does not create a cancellation right or a refund deadline that the loan terms do not provide.

For questions about a commitment or return, contact 8lends support with the project details and transaction identifier. The platform is run by CLEARCHAIN CORP, registered in British Columbia, Canada, and registered with FINTRAC as a money services business. Maclear AG (Switzerland), a member of PolyReg SRO, has a separate role as the independent Collateral Agent; it does not run the funding and refund process.

Platform fees for investing are 0%; Base network transaction fees are paid in ETH.

Investing involves risk, including possible loss of principal. Returns are not guaranteed.