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Unfortunately, this deal expired 23.08.2024
3 months ago
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Gediminas G2-1 V

250,000 
/ min. 100 

Crowdfunding

The Gediminas G2-1 V project from Lithuania is raising investments in the amount of 250,000 euros with a target refinancing and an expected annual return of 9.5-11.5%. The loan term is 12 months, meaning 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 12 months after receiving the loan.

The project has a Loan-to-Value (LTV) ratio of 59%, which is within the established maximum value of 70%. 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 59% indicates that the loan amount is 59% of the current market value of the collateral (likely real estate or another asset).

The internal project number is P00001090-5 on the licensed crowdfunding platform Profitus from Lithuania.

Please note, the platform states 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 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.

Do you guys reckon investing in this project for refinancing from Lithuania is a solid move for a Cypriot investor with limited experience in the field?
What's your budget for investing in this project?