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Unfortunately, this deal expired 09.04.2024
2 months ago
9

Townhouse J7 9B-2

100 
/ max. 92,000 

About This Deal

The project Townhouse J7 9B-2 from the country Lithuania is raising investments in the amount of 92000 euros for Refinancing with an expected annual return of 11.2-12.2%. The minimum investment amount is 100 euros.

The loan term is 6 months, which means 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 6 months after receiving the loan.

The project's risk level on the platform is indicated as B-. On the platform, projects with ratings "A+", "A", "A-" account for about 9%, projects with ratings "B+", "B", "B-" make up the majority on the platform 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 when 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 project has a Loan-to-Value (LTV) ratio of 51%. 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 51% indicates that the loan amount is 51% of the current market value of the collateral (likely real estate or another asset).

The internal project number is P00001209 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.

Please note, the platform specifies that this information cannot 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 investing responsibly by diversifying your investments. In the countries of the European Union, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law.

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