What happens if Enky fails?

Because Enky assumes all project risk, your only exposure is the potential default of Enky. To protect you, we have two protection mechanisms:

1) Pledge of furniture – For “Subscription” and “Furniture Stock” projects, the financed furniture is pledged as collateral, with a market value at least 30% higher than the investment share linked to it.

2) Pledge of rents – For “Subscription” and “Leasing” projects, future rents are pledged with a 20% safety margin.

These protection contracts are held in a dedicated legal structure that remains in place even if Enky were to cease operations, with the sole (and therefore first-ranking) creditors being the bond investors.