Hello my friends, and welcome to another episode of Passive Real Estate Investing. Actually, this is gonna be a quick, special episode because I want to let you know about a special offer, if you will with our sister company, Norada Capital, for those of you looking for some passive income, or if you've been looking at our offering and you've been sitting on the fence wondering if you should pull the trigger on investing in a promissory note with our company essentially our private equity firm. And we have been paying 12% and 15% interest paid monthly. Well listen up. This is maybe an opportunity for you to get off the fence, or maybe if you are already an investor and are looking to deploy some additional investment capital, this is an opportunity to get another promissory note with a bit of a bonus.

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So, here's the deal. So for a limited time, a very limited time, and I'm thinking probably till the end of August, the last day of August being kind of the drop date, if you will. We are offering a 2% bonus on top of the existing pay structure or terms, which means that instead of 12% or 15% per year paid monthly, it will be 14% or 17% interest paid monthly on those promissory notes. So for those of you who are maybe wondering, well, what exactly is a promissory note, cause you're not familiar with it, it's very simple. It's essentially a loan agreement. It's no different than a loan agreement. It's often referred to as a promissory note, that's the title on the top, but it's essentially a loan agreement between two parties, a lender and a borrower.

In this case you would be the lender. It's a corporate loan, essentially to our company the company, Norada Capital Management being the borrower. And so that loan agreement in other words, the promissory note can be for the term of your choosing, it can be anywhere from three years to seven years. We have done on and off two year, like shorter term, two year notes, and we can still do that. Just talk to your investment counselor here. But essentially you can do a, a note of your choosing from two years to 10 years. The interest rate is determined by the investment amount. Up to a hundred thousand dollars investment is 14% at this time, that's including that 2% bonus. And any investor who has a promissory note during this limited time offer of a hundred thousand or more will receive and get paid 17% interest on that note for the entire term of that note.

So if you choose, let's say, a four year note, you will receive 17% per year every year for the life of that loan. It's a great deal. Our promissory note offering has been around for years, and we have always had it at 12 and 15. Now it's 14 and 17 for a very short period of time. Just a little a little bit of information about our company, our fund, if you will. It is a private equity firm from the outside looking in, you could look at, look at it as an investment fund because essentially it is a fund and it is diversified across five specific categories. Three of those five categories that our company invests in as a private equity firm include e-commerce based businesses very lucrative area, especially if you're in the right area of e-commerce. But e-commerce has been around for several decades now and continues to grow.

Year after year after year, we've made some amazing acquisitions and launches, and now we were in the process of restructuring everything to make them more profitable. The second category, and I'm just giving you a high level, 40,000 foot view, if you will, of what is in our fund and what we invest in. But remember that if you have questions you wanna learn more, you can certainly go to our website and learn more there at noradcapital.com.