Project 19, Nida from the country Lithuania is gathering investments amounting to 2,450,000 euros with the aim of refinancing and an expected annual return of 7.5-11.5%. The loan term is 7 months, which means the period for the borrower to repay the borrowed amount and the interest on the loan. In this case, the borrower must repay the loan within 7 months after receiving the loan.
The project has a Loan-to-Value (LTV) ratio of 65%, and this value is within the established maximum value of 65%. The Loan-to-Value ratio (the ratio of the loan amount to the market value of the collateral) is an important indicator in the financial sector, especially in the field of secured lending. In this case, an LTV of 65% indicates that the loan amount is 65% of the current market value of the collateral (likely real estate or another asset). Such LTV restrictions are set to reduce risks for the lender and ensure a more stable financial position for the project. For example, the lower the LTV, the lower the risk of default, as the borrower has more equity in the project.
The internal project number is P00001334 on the licensed crowdfunding platform Profitus from Lithuania. Please note that the platform specifies that this information cannot be construed as a recommendation, advice, or invitation to use a specific investment service and is not considered the basis or part of subsequent transactions. Investing always carries the risk of losing part or all of the investments. I agree with the Profitus platform and also recommend approaching investing responsibly by diversifying your investments.
Vastab nimele Liam
Vastab nimele Yohannes