Factors to ensure fair and appropriate pricing of loans
Article 14
1. When determining the price for a loan they facilitate, crowdfunding service providers shall take into account all of the following factors: (a) the risk profile of the project owner or crowdfunding project, as determined in the risk categories referred to in Article 19; (b) the net present value of the loan; (c) the prevailing market conditions at the point of loan origination and during the lifetime of the loan; (d) their business strategy. 2. When calculating the net present value referred in paragraph 1, point (b), crowdfunding service providers shall consider all of the following factors: (a) the principal amount of the loan; (b) the maturity of the loan; (c) the frequency of instalments of the loan; (d) an appropriate interest rate to discount future repayments.