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Unfortunately, this deal expired 22.03.2024
9 months ago
11

Apartment on Grendaves Street, Vilnius

201,600 
/ min. 100 

Business Lending

The "Apartment on Grendaves Street, Vilnius" project from Lithuania is seeking investments amounting to 201,600 euros for Working capital with an expected annual return of 9.2-11.2%. The minimum investment amount is 100 euros.

The loan term is 6 months, indicating the period for the borrower to repay the borrowed amount and interest on the loan. In this case, the borrower must repay the loan within 6 months after receiving the loan.

The project's risk level on the platform is indicated as B-. Around 9% of projects on the platform have ratings of "A+", "A", "A-", while the majority, about 58%, are rated "B+", "B", "B-". There are also projects with ratings of "C+", "C", "C-", comprising around 30%, and the remaining projects are rated D. Ratings A and B suggest that the expected investment risk is lower than investing in loans with ratings C or D, but the returns will be correspondingly lower if you invest in projects with a lower risk level.

The project has a Loan-to-Value (LTV) ratio of 68%.

The internal project number is P00001201 on the licensed crowdfunding platform Profitus from Lithuania.

Please note that the information on the platform 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 investments responsibly by diversifying your investments. In EU countries, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law.

Do you think it makes sense to invest in this project aimed at working capital from Lithuania?
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