Investing always carries some degree of uncertainty and risks cannot be eliminated fully. Markets shift, borrowers face unexpected challenges, and even well-structured projects can experience temporary delays. At Maclear, we built the Provision Fund specifically to ensure that these moments, however rare, never interrupt the returns investors earn on our P2P lending platform.
The Maclear Provision Fund is a dedicated financial reserve whose sole purpose is to protect investor interest payments in the event of a borrower delay. It acts as a safety buffer: if a borrower misses a scheduled payment, the Provision Fund steps in so that investors continue to receive their interest on time — without disruption, waiting, or having to take any action themselves.
The fund is held in a segregated bank account, completely separate from Maclear's own operating funds. It cannot be used for any purpose other than investor protection. The Provision Fund is fully included in Maclear's audited financial statements, with audits conducted by Grant Thornton AG under Swiss financial authority supervision.
Important to know: The Provision Fund is not an insurance product and does not legally guarantee full repayment of interest or principal. As stated in Maclear's General Terms and Conditions, the fund is used to cover potential losses to the extent that funds are available. It is a risk mitigation buffer, not a contractual guarantee. Collateral and borrower guarantees provide additional, but also non-absolute, protection for investor capital.
The Provision Fund is financed entirely from Maclear's own revenues. Investors do not contribute to the fund.
Specifically, 2% of every project successfully funded on the platform is transferred directly into the fund at the point of funding. As the platform grows, commissions from Secondary Market transactions will also be routed into the fund.
This model means the fund grows in proportion to platform activity: the more projects are successfully funded, the stronger the reserve becomes. Every borrower who successfully raises capital on Maclear contributes, through their commission, to protecting every investor on the platform.
The fund's size is something any investor can verify independently: 2% of every successfully funded project flows into the reserve, and the total funded volume is shown on Maclear's homepage. At the time of writing, that figure stands at €2,000,000.
The Provision Fund activates quickly. Here is the sequence of events when a borrower misses a payment:
At its current balance, the Provision Fund is designed to cover interest payments for projects experiencing temporary repayment difficulties. As the fund grows over time, its coverage is expected to extend to principal repayments as well.
During the Vibroedil default case in 2025, the only default event in Maclear's history, the Provision Fund was not required. The situation was resolved through a private settlement, and investors received 100% of their principal back. The fund remains fully intact and available.
The Provision Fund reflects Maclear's core commitment: investors’ returns should not depend on whether the platform is currently chasing down a late borrower. By combining the Provision Fund with real collateral, legal enforcement capabilities, and full audited transparency, Maclear provides a layered approach to investor protection that goes beyond a simple promise.
Important to understand: The fund will not eliminate all investment risk. But it ensures that temporary borrower difficulties do not become investors’ problems. Maclear does its best to ensure that interest keeps arriving.
*For the full legal terms governing the Provision Fund, refer to Maclear's General Terms and Conditions available on the platform.
