The project "Stockholm, Sweden" from the country of Estonia is seeking investments amounting to 1,550,000 euros for re-acquisition with an expected annual return of 9-13%. 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 44%, which falls within the set maximum value of 63%. LTV limitations are established to reduce risks for the lender and ensure a more stable financial position for the project. A lower LTV implies less default risk as the borrower has more equity in the project.
The internal project number is P00001338 on the licensed crowdfunding platform Profitus from Lithuania. 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 Profitus platform and also recommend approaching investments responsibly by diversifying your investments. In the countries of the European Union, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Act.
Replying to Emma