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Unfortunately, this deal expired 06.03.2024
8 months ago
0

Corner Hotel_antrine VI

169,800 
/ min. 100 

Business Lending

The Corner Hotel_antrine VI project from Lithuania is raising investments in the amount of 169,800 euros for Working capital with an expected annual return of 12.5-14.5%. The minimum investment amount is 100 euros.

The loan term is 18 months, meaning the period of time for the borrower to repay the borrowed amount and interest on the loan. In this case, the borrower must repay the loan within 18 months after receiving the loan.

The project's risk level on the platform is indicated as C-. The platform's website states that there are 10 different risk ratings, ranging from "A+" to "D". Ratings A and B indicate that the expected investment risk is lower than when investing in loans with ratings C or D, but the profitability will be lower accordingly if you invest in projects with a lower risk level.

The project has a Loan-to-Value (LTV) ratio of 78%, which is within the established maximum value of 84%.

The internal project number is P00001164-6 on the licensed crowdfunding platform Profitus from Lithuania. The platform states that they obtained a license in November 2023 from the European crowdfunding regulator ESMA.

Please note that the platform indicates that this information cannot be construed as a recommendation, instruction, or invitation to use a specific investment service and is not considered the basis or part of subsequent transactions. Investing always involves the risk of losing part or all of the investments. I agree with the Profitus platform and also recommend approaching investment responsibly by diversifying your investments.