Can I lose my investment?
YES! All Investors using the Site are doing so at their own risk. It is possible for an Issuer to default prior to repaying the Revenue Sharing Note. Any remaining balance to be repaid will be lost in this event.
What happens once I invest in a business?
Once you invest in an Offering, your money will transfer to Escrow. The campaign funds are held in Escrow by North Capital until the campaign is completed or withdrawn. The campaign is completed if the fund raise target is achieved by the allotted deadline. The campaign is withdrawn if the target is not met before the deadline. Escrow sends the money to the Issuer upon completion or back to the Investor upon withdrawal.
The Issuer will begin repaying the investment on the agreed upon date. The money will flow back through Escrow to the Investor. The Issuer is responsible for paying back the investment plus a return as decided by the agreed upon Revenue Payback Multiple. Once the payback multiple has been fulfilled, the Issuer’s obligation is satisfied.
What is Netgreen?
“We are a “Funding Portal.” We are registered with the SEC and with FINRA to act as an intermediary in Securities that are offered and sold under Title III.
While similar, being a Funding Portal isn’t the same as being a registered “broker-dealer.” We are not a registered broker-dealer.
Think of us as a marketplace, or a shopping mall, bringing together companies and investors. When you invest, you are not investing in us or in any entity affiliated with us. You are investing in a third-party business that has chosen to raise money using our marketplace.
As an intermediary, or marketplace, we do not guarantee any particular outcome and are not responsible for what happens to your investment – all investments are undertaken at your own risk. We also do not guarantee the accuracy of the information you receive from issuers. Our job is to facilitate investments and help ensure that transactions between investors and issuers meet legal requirements.”