Crowdfunder offers two different funding methods.
All or Nothing
You will only receive the funds you raise if you hit your target. This funding option is best suited to projects that need to raise a set amount of money in order 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 project will close as unsuccessful.
Flexible Funding (also known as 'keep what you raise')
You will keep all funds you raise, even if you don't hit your target. 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.
If you choose Flexible Funding, please note that even if you don't hit your target, you'll still have to fulfil all rewards that supporters have pledged on.
Find out more about different types of crowdfunding.