Frequently Asked Questions

Yes, BetterInvest collects Post-Dated Cheques, Personal Guarantee, and Indemnity Bonds from production houses as additional security for every opportunity listed on the platform. This practice helps protect investors' interests in the event of any issues.

Investors have multi-layer of security, even if BetterInvest defaults:

• Direct Collection Letters: This arrangement ensures that the revenue from the OTT platform or other rights buyers goes directly into the escrow account, minimizing the risk of loss.
• Bill Discounting Agreement: This agreement between the production house, BetterInvest, and investors, gives investors the right to claim from the production house in case of any default.‍
• Zero Default: BetterInvest has maintained a 0% default rate so far, and with thorough documentation collected in advance, the likelihood of a default is extremely low.

We will notify all the investors in advance about any extension and provide the updated repayment date. For further clarity, you can also refer to point 4.8 of the Invoice Discounting Agreement.

Currently, no penalty is applied if a deal is extended beyond the maturity date. However, interest will be accumulated for the extended period. 

In case of a default or termination of the agreement, as outlined in points 6.2 and 6.3 of the Invoice Discounting Agreement, we will take the necessary actions as per the terms mentioned in the agreement.