Home / Categories / Business Lending / Savanoriu 36 Apartment
Unfortunately, this deal expired 04.03.2024
3 months ago

Savanoriu 36 Apartment

/ max. 84,700 

About This Deal

The Savanoriu 36 Apartment project from Lithuania is seeking investments totaling 84700 euros for Working capital with an expected annual return of 9.2-11.2%. The minimum investment amount is 100 euros.

The loan term is 12 months, meaning the period for the borrower to repay the borrowed amount and the loan interest. 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 B-. Around 9% of projects on the platform have ratings of "A+", "A", "A-", while the majority, about 58%, have ratings of "B+", "B", "B-". There are also projects with ratings of "C+", "C", "C-", which make up around 30%, and the remaining projects have ratings of D. An A or B rating indicates that the expected investment risk is lower than investing in credits with C or D ratings, but the return will correspondingly be lower if you invest in projects with a lower risk level.

The project has a Loan-to-Value (LTV) ratio of 70%.

The internal project number is P00001191 on the licensed crowdfunding platform Profitus from Lithuania.

Please note that the information on the platform cannot be construed as a recommendation, instruction, 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. Crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law in EU countries.