The investment project "Loft on Naugarduko street, Vilnius" from the country Lithuania is raising investments in the amount of 68000 euros for refinancing with an expected annual return of 9.9%. 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 63%, which is within the established maximum value of 63%. LTV limitations are set to reduce risks for the lender and ensure a more stable financial position of the project. A lower LTV reduces the risk of default as the borrower has more equity in the project.
The internal project number is P00001298 on the licensed crowdfunding platform Profitus from Lithuania.
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 platform and also recommend approaching investment responsibly by diversifying investments.
Crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law in European Union countries.
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