I love Palanga

The project "I love Palanga" from the country Lithuania is collecting investments in the amount of 189,000 euros with the goal of Refinancing and an expected annual return of 10-13%. The minimum investment amount is 100 euros.

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's risk level on the platform is indicated as C+. On the platform, there are around 9% of projects with ratings "A+", "A", "A-", about 58% of projects with ratings "B+", "B", "B-", and a smaller portion of projects with ratings "C+", "C", "C-", approximately 30%, while the rest of the projects have a rating of D. Risk ratings are intended to provide a better understanding of the project's riskiness. Ratings A and B indicate that the expected investment risk is lower than when investing in loans with ratings C or D, but the return will be correspondingly lower if you invest in projects with a lower risk level.

The project has a Loan-to-Value (LTV) ratio of 23%, which is within the established maximum value of 50%. 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 23% indicates that the loan amount is 23% of the current market value of the collateral (likely real estate or another asset). 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 P00001221 on the licensed crowdfunding platform Profitus from Lithuania.

Please note that the information on the platform cannot 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 investment responsibly by diversifying your investments. In the countries of the European Union, crowdfunding is not prohibited by the Law on Deposit Insurance and Investor Responsibility.