Stairs puts your money to work in an investment backed by real assets, and your money plus interest is repaid into your account every five days. If you need to withdraw your money, you can do so anytime, and there are no fees, ever.
Even though it offers the benefits of a traditional savings app, Stairs is actually a set-it-and-forget-it investing app that is backed by non-traded secured debt notes. Like CDs or bonds, debt notes offer consistent, fixed repayment dates and are backed by real, tangible assets (in this case, real estate).
The Stairs notes automatically repay and reinvest every 5 days. The interest rate offered on Stairs is set by GROUNDFLOOR and is based on market conditions and investor demand. The rate offered for the current 5 day investment window will appear on the main screen of the app when you sign in.
How you make money
Stairs puts your money to work in an investment backed by real assets, and your money plus interest is repaid into your account every five days.
How Stairs makes money
Stairs investments are used to fund GROUNDFLOOR's loan origination. GROUNDFLOOR makes money by charging borrowers a percent of the loan amount in interest for underwriting the loan.
Is it safe?
Stairs is the latest offering from GROUNDFLOOR, a company that was founded in 2013 and has since raised $16.8 million over seven rounds of funding.
Stairs is not a bank and is not FDIC insured. Investments in Stairs notes are not a bank deposit. Stairs is not an investment advisor and is not registered as such by any regulatory agency. Information provided is for educational purposes and is not investment advice.
Financial projections shown within the app are based on estimated performance and are not guarantees of future results.