The project Premises on Laisves Avenue, Kaunas from the country Lithuania is raising investments in the amount of 495,000 euros for working capital with an expected annual return of 6.5-8.5%. The loan term is 12 months, meaning the borrower has to repay the loan amount and interest within 12 months after receiving the loan. The project has a Loan-to-Value (LTV) ratio of 75%, which is within the maximum limit of 75%. The LTV ratio (the ratio of the loan amount to the market value of the collateral) is an important indicator in the financial sector, especially in secured lending. In this case, an LTV of 75% indicates that the loan amount is 75% of the current market value of the collateral (likely real estate or another asset).
The internal project number is P00001356 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 the Profitus platform and also recommend approaching investing responsibly by diversifying investments. In European Union countries, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law.
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