What happens if Younited Credit defaults?

In the event of default by Younited :

For fund units:

The fund units are independent of Younited Credit’s balance sheet.
If Younited Credit were to go bankrupt, the fund units would continue to be managed as normal by the fund management company, and the credit recovery process would be handled by an external service provider specializing in this type of operation (a “back-up servicer” with which Younited has a partnership: MCS Group).

Any creditors of Younited Credit (its suppliers, for example) would have no recourse against the Borrowers’ loans, to the detriment of the Investors.