Etnas 5, Riga

The Etnas 5, Riga project from Latvia is raising investments in the amount of 415,000 euros with the aim of refinancing and an expected annual return of 10-12%. The loan term is 12 months, which means the period for the borrower to repay the loan amount and interest. In this case, the borrower must repay the loan within 12 months after receiving the loan. The project has a Loan-to-Value (LTV) ratio of 37%, which is within the established maximum value of 85%. The LTV ratio (the ratio of the loan amount to the market value of the collateral) is an important indicator in the financial sector, especially in collateralized lending. In this case, an LTV of 37% indicates that the loan amount is 37% of the current market value of the collateral (likely real estate or another asset).

The internal project number is P00001379 on the licensed crowdfunding platform Profitus from Lithuania. Please note that the platform specifies that this information should not be construed as a recommendation, indication, 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. In European Union countries, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law.