Frequently Asked Questions

What is Spreds' selection process?

Spreds’ selection process is as follows:

The application phase starts whenever a project owner decides to submit an application to Spreds’ New Client Acceptance Committee (NCAC), which is tasked with assessing the absence of so-called ‘red flags’ that might render it impossible for Spreds to support the fundraising of a project owner. To this end, it is important for the NCAC to ensure itself of the fact that it has sufficient information to make a substantiated decision.

The application phase works in two steps.

The first step allows for the filtering out of project owners that a priori do not qualify for further cooperation with Spreds. The following projects will be excluded by default, however certain exceptions can be made:

  • Project owners not prepared to raise at least  €50.000;
  • Project owners with a criminal record in the field of anti-money laundering;
  • Project owners established in a non-cooperative jurisdiction, as recognised by the relevant Union policy, or in a high-risk third country pursuant to Article 9(2) of Directive (EU) 2015/849.

In a second step, the project owner provides representations and warranties, meaning that he is liable for any misleading and/or incorrect information towards Spreds and the investors in the event of damages.

Lastly, the project owner informs Spreds of the possibility of co-investment. In most cases, you'll have the chance to invest alongside professional investors in investment opportunities.

The NCAC, based on this information, decides whether or not Spreds will sign a contract with the project owner.