The AEQUIFIN Sponsoring-Limit enables a simple and transparent submission of sponsorships, both for cases with the AEQUIFIN quota balancing and legal projects. In focus of the Sponsoring-Limit is to ensure the use of funds and Sponsoring-Limit management by the personal limit trustee. The limit trustee monitors all transactions of your Sponsoring-Limit and ensures that capital calls and the proceeds handling from legal cases are executed correctly.
Under "My Area" and "My Sponsoring-Limit" each sponsor gets access to his personal Sponsoring-Limit cockpit. All deposited funds as well as a history of past account transactions are listed there.
Upon registration, a sponsor receives an initial limit of €0. This limit can be increased in the user profile under "My Sponsoring-Limit" or directly when submitting a sponsoring (Paypal only).
The sponsor increases his personal Sponsoring-Limit via prepayment. He can choose from two options:
The sponsor increases his personal sponsorship limit by providing a guarantee:
Increase of the Sponsoring-Limit via bank transfer:
The sponsor transfers the desired amount to the trust account of his personal limit trustee. The limit is available for sponsoring on the platform after the transfer has been received and recorded by the limit trustee (duration approx. 5-10 working days).
Increase of the Sponsoring-Limit via Paypal:
The sponsor deposits the requested amount on the Paypal account of the personal limit trustee. The amount is immediately available for sponsorships on the platform. (minus the fees of the payment service provider).
- Increase of the Sponsoring-Limit by providing a bank guarantee.
- Increase of the Sponsoring-Limit by providing other guarantees.
For further details on the possibilities with bank guarantees, please call +49 89 273727000.
Definition of the term "Prepayment"
The corresponding amount from limit increases (prepayment) made to date is shown here.
Definition of term "Guarantees deposited"
The sum of previously deposited guarantees is displayed under "Guarantees deposited".
Definition of term "Open sponsorships"
The total of all sponsorships made so far but not yet successful are shown here. If the quota balancing is finished and your sponsorship bid was successful, your sponsorship will be transferred in full amount from Open Sponsorships to Committed Sponsorships.
Definition of term "Committed Sponsorings"
If your sponsorship bid is successful and quota balancing is thus completed, you will find your corresponding sponsorship under "Committed Sponsorings". The funds will continue to be kept under lock and key by the limit trustee until a capital call is made by the attorney on the case. Only then will a disbursement from the Sponsoring-Limit take place.
Definition of term "Available Sponsorship Volume"
Available Sponsorship Volume refers to the amount of deposited Advance and/or Guarantee available for new Sponsorships on the AEQUIFIN Platform. The available sponsoring volume can be increased by increasing the Sponsoring-Limit via prepayment or deposit of a guarantee.