T12 XI

Project T12 XI from Lithuania is raising investments of 60,000 euros for Refinancing with an expected annual return of 8.5-10.2%. 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 37%, which falls within the maximum limit of 70%. 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 collateralized lending. In this case, an LTV of 37% indicates that the loan amount is 37% of the current market value of the collateral (likely real estate or another asset). The maximum allowable LTV for the project is 85%, which may be a restriction or standard requirement for this type of financing. LTV limits are set to reduce risks for the lender and ensure a more stable financial position for the project. For example, a lower LTV implies lower default risk as the borrower has more equity in the project.

The internal project number is P00000924-11 on the licensed crowdfunding platform Profitus from Lithuania. The platform states 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 should not be 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 portfolio.