The duration of financing auctions depends on the type of financing and amount of financing.
For crowdlending operations (Daslending):
Up to €50,000: 15 days
Up to €100,000: 30 days
Up to €150,000: 45 days
Above €150,000: 60 days
For factoring (Dasfactoring): 7 days
In situations where the auction period ends without obtaining the entire intended amount, the promoter may communicate to Daskapital the intention to extend the auction period.
If you need further clarification, please get in touch with us at support@daskapital.eu.