The House of Bicyclists (The House of Lapinas) XXXIII

The House of Bicyclists (The House of Lapinas) XXXIII project from Lithuania is seeking investments in the amount of 228,200 euros with a target refinancing and an expected annual return of 9.7-10.7%. The minimum investment amount is 100 euros.

The loan term is 12 months, which means the period for the borrower to repay the borrowed amount and interest on the loan. In this case, the borrower must repay the loan within 12 months after receiving the loan.

The project has a Loan-to-Value (LTV) ratio of 60%, which is within the established maximum value of 70%. The Loan-to-Value ratio (the ratio of the loan amount to the market value of the collateral) is an important indicator in the financial sector, especially in the field of secured lending. In this case, an LTV of 60% indicates that the loan amount is 60% of the current market value of the collateral (likely real estate or another asset).

The internal project number is P00000744-36 on the licensed crowdfunding platform Profitus from Lithuania.

Please note that the platform states that this information should not be construed as a recommendation, indication, 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.