PRO BRO Vienibas galiņa, automašīnu mazgātava IX

PRO BRO Vienibas street project, car wash IX, from Latvia, is seeking investments totaling 250,000 euros for Real Estate development with an expected annual return of 9-11%. The loan term is 4 months, meaning the borrower must repay the loan amount and interest within this period. The borrower is required to repay the loan within 4 months of receiving it.

The project's risk level on the platform is indicated as B. Approximately 9% of projects on the platform have ratings of "A+", "A", "A-", while the majority, 58%, are projects with ratings of "B+", "B", "B-". There are also projects with ratings of "C+", "C", "C-", making up about 30%, and the remaining projects are rated D. Risk ratings aim to provide a better understanding of the project's risk level. Ratings A and B suggest lower expected investment risk compared to investing in loans with ratings C or D, but the return will be lower if you invest in projects with a lower risk level.

The internal project number is P00001170-10 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. The ESMA license is quite exclusive, as only 150 out of over 1000 platforms in Europe by the beginning of 2024 managed to secure this license.

Please be aware that the platform clarifies that this information should not be considered a recommendation, indication, or invitation to use a specific investment service and is not deemed 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.