Purpose of funding
Refinancing of an existing loan on the Nordstreet platform
Conditional pledge of land and buildings (according to the property valuation list) as a primary mortgage
Additional loan protection: personal guarantee of the manager
Project investment return and interest payment
- Investment from 100 €
- Annual investment return of the project from 10.5% (investment conditions are described in more detail in the Detailed information section)
- Interest on the loan is calculated from the end date of the auction and is paid monthly.
Nordstreet takes these measures to guarantee a safe investment
• The loan to value ratio of the project will not exceed the LTV ratio provided in the project description, including in cases when the project will be financed in stages.
• If the required amount of funding is not collected before the start of the project, all investments will be returned to the invested persons. Upon application by the Borrower, the financing may be considered to have been successfully completed with a smaller amount collected, the financing of the project may be divided into several stages and / or the financing period of the project may be extended. In these cases, Nordstreet informs the funders and publishes the information on the completion of the project with a smaller amount, the division of the project funding into several stages or the extension of the project funding term on its website together with other information about the project.
• The activities of UAB Nordstreet are supervised by the Bank of Lithuania and included in the Public List of Operators of Concentrated Financing Platforms administered by the Bank of Lithuania.