Crowdfunder offers two different funding methods; All or Nothing and Flexible Funding (also known as 'Keep What You Raise').
You can choose your project's funding type during the project creation process, under the Targets tab:
All or Nothing:
You will only receive the money you've raised you raise if you hit your target by your closing date. This funding option is best suited to projects that need to raise a set amount of money to carry out the project's stated aims.
All or Nothing projects tend to raise more money and attract bigger pledges. However, if you do not meet your target, your supporters will be refunded and your closed project will be marked as 'unsuccessful'.
Flexible Funding (also known as 'Keep What You Raise')
You will keep all of the money you raise, even if you don't hit your target by your closing date. This funding option is best suited to projects that can make good use of any amount of money they raise.
Flexible Funding projects tend to attract smaller pledges.
Please note: If you choose Flexible Funding, you will still be required to fulfil all rewards that supporters have pledged on, even if you don't meet your target.
If you create a personal or charity fundraiser or a multiplier, your project will automatically be set to Flexible Funding.
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