Gediminas G2-1 VI

The Gediminas G2-1 VI project from Lithuania is raising investments of 250,000 euros with a target refinancing and an expected annual return of 9-11%. The loan term is 12 months, meaning the borrower must repay the loan amount and interest within 12 months after receiving the loan.

The project has a Loan-to-Value (LTV) ratio of 59%, which is within the maximum limit of 70%. LTV ratio is an important indicator in the financial sector, especially in collateralized 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). Such LTV restrictions are set to reduce risks for the lender and ensure a more stable financial position for the project. Lower LTV implies lower default risk as the borrower has more equity in the project.

The internal project number is P00001090-6 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. The ESMA license is quite complex, as out of over 1000 platforms in Europe at the beginning of 2024, only 150 managed to obtain this license.

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 and also recommend approaching investment responsibly by diversifying your investments.