The project House on Trinapolio Street, Vilnius VI from the country Lithuania is raising investments in the amount of 64900 euros for Working capital with an expected annual return of 11-13%. The loan term is 12 months, which means 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 69%, which is within the established maximum value of 69%. 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 69% indicates that the loan amount is 69% of the current market value of the collateral (likely real estate or another asset).
The internal project number is P00001242-6 on the licensed crowdfunding platform Profitus from Lithuania. Please note that the platform states 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.
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