i have a doubt that i think is because of my english

Hi
i have a doubt that i think is because of my english understnading.

If i hover over ? in Allowed Fundraiser Types, i understand that if i choose Advanced Crowdfunding, the money is not processed ( is not colected) until the goal is reached.
But if i choose "simple donations" the money is collected and processed?? So even if the goal is not reached , the money is collected at the moment it is paid.

Is that correct, i have understood well?

Thanks