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What is an LRO and what am I actually investing in?

Last Updated: Dec 17, 2018 02:59PM EST
When you invest with GROUNDFLOOR, you are investing in a Limited Recourse Obligation (LRO) which is a debt security we issue.

You choose which projects get funded. When a project is fully funded we sell you an LRO. The LRO you are buying corresponds to the project that you have chosen to fund. Each LRO's performance is determined by the performance of the borrower's loan, and each LRO will be repaid from the cash the borrower uses to repay the loan.

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