Home / Categories / Crowdfunding / Twinhouse IX
Unfortunately, this deal expired 05.11.2024
7 days ago
9

Twinhouse IX

200,000 
/ min. 100 

Crowdfunding

The Twinhouse IX project from Lithuania is raising investments of 200,000 euros for refinancing with an expected annual return of 8.6-9.6%. 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 58%, which is within the maximum limit of 60%. LTV ratio is an important financial indicator, especially in collateralized lending, showing the loan amount as a percentage of the collateral's market value. Lower LTV ratios reduce the risk of default as the borrower has more equity in the project.

The internal project number is P00001134-9 on the licensed crowdfunding platform Profitus from Lithuania. The platform indicates that they obtained a license in November 2023 from the European crowdfunding regulator ESMA. It is important to note that the information on the platform 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 portfolio.

What factors do you think make this project promising for investment?
how much are you willing to risk and invest in this project?