PRO BRO Mūkusalas st. car wash VI

The project PRO BRO Mūkusalas st. car wash VI from the country LV is raising investments in the amount of 305,000 euros for Real Estate development with an expected annual return of 9-11%. The loan term is 4 months, meaning the period for the borrower to repay the borrowed amount and the interest on the loan. In this case, the borrower must repay the loan within 4 months after receiving the loan.

The project's risk level on the platform is indicated as B. The platform's website states that there are 10 different risk ratings ranging from "A+" to "D". Projects with ratings "A+", "A", "A-" account for about 9% on the platform, while projects with ratings "B+", "B", "B-" make up the majority at 58%. There are also projects with ratings "C+", "C", "C-", which are fewer at around 30%, and the remaining projects have a rating of D. Risk ratings of the project 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 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 internal project number is P00001060-7 on the licensed crowdfunding platform Profitus from Lithuania. The platform indicates 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 the Profitus platform and also recommend approaching investment responsibly by diversifying your investments.