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Unfortunately, this deal expired 02.04.2024
1 month ago
10

Corner Hotel VII

100 
/ max. 150,000 

About This Deal

The Corner Hotel VII project from Lithuania is raising investments of 150,000 euros for Working capital with an expected annual return of 12.5-14.5%. The loan term is 18 months, meaning the borrower must repay the loan amount and interest within 18 months after receiving the loan. The project's risk level on the platform is rated as C-. Projects with ratings of "A+", "A", "A-" constitute around 9% on the platform, while projects with ratings of "B+", "B", "B-" make up the majority at 58%. There are also projects with ratings of "C+", "C", "C-", comprising about 30%, and the rest are projects with ratings of D. Ratings A and B indicate lower expected investment risk compared to investing in credits rated C or D, but the returns will be correspondingly lower when investing in projects with lower risk levels.

The project has a Loan-to-Value (LTV) ratio of 80%, which is within the set maximum value of 84%. The maximum allowable LTV value for the project is 85%, which may be a limitation or a standard requirement for this type of financing. The internal project number is P00001164-7 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 specifies that this information should not 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 Profitus platform and also recommend approaching investment responsibly by diversifying your investments.

What are your thoughts on investing in this project? I'm a bit anxious about its success, but as a doctor from the Czech Republic, I see the potential impact on working capital in Lithuania
how much are you looking to invest in this project?