This is Vilties str. 20, Nemeikiai, Utena d. financing phase II. Phase I was successful in raising EUR 86,000.

Nordstreet guarantees safe investment:

• The loan-to-value (LTV) ratio of the project will not exceed the LTV ratio provided in the project description if the project is funded in stages;
• If the required financing amount is not collected before the start of the project, all investments will be returned to the investees. If borrower request for a smaller amount of the loan grant - funding can be considered successful completion of entering a lower amount.

Purpose of financing:

• The purchase of buildings and building renovation
  

Loan protection:

• Pledge of land and building (warehouse) on primary mortgage
• Additional protection: personal surety of the supervisor

Project return on investment and interest payment

• Investing from 100 €
• Annual investment return on the project from 10.5% (investment details are described in section Detailed information)
• Interest of the loan is calculated from the end date of the auction and is paid monthly.