Frequently asked questions

All legal entities can apply on the Profitus platform to get financing for real estate development or working capital. Fill in the application here and we will contact you.

We will provide the answer regarding funding as soon as possible at the self-service. When we do this, we will notify you by e-mail.

Yes, a legal entity may borrow on the Profitus platform. This requires the authority of the company director. The company director’s details will also need to be provided.

We are flexible about the amount of funding. We recommend borrowing between EUR 30,000 and EUR 5 M. In any case, fill in the application here. We are sure that we will find a solution together.

You can find all information about the fees in the section Fees.

Financing is available for both real estate development and working capital, but real estate mortgages are required..

The funding period is from 3 months to 6 years.

If you would like to receive funding for shorter or longer periods than mentioned above, please contact us at info@profitus.lt or by +37063760776. We are flexible and always looking for the right solution.

1. Sign up. Create your own account of your project owner/borrower on the Profitus platform.
2. Fill in the application here. We will send you an assessment report once we have received all the documents.
3. Get funding. In case of positive response, your project will be uploaded on the platform.
4. Time for your ideas to come true! Don’t forget the obligations to investors.

For more information, please see „How does it work?“.

The money you borrow will be transferred when we collect it from investors and you will notarize the property pledge.

On the Profitus platform, the risk is assessed based on our internal assessment algorithm. It consists of the assessment of project owner’s creditworthiness, the project risk, and of the collateral. The score assigns project risk according to the following levels:

• A – low risk,
• B – medium risk,
• C – high risk,
• D – very high risk (we do not allow projects at this risk level).

In this case, your project would not be funded. We would like to emphasize that the likelihood of this happening is very low. In any case, you will not lose anything, as fees will only be paid once the full amount you have requested has been collected.

We may suspend or terminate the funding process before signing a contract with the Profitus platform. You can do this without paying any exit fee. If you want to stop the funding process at a later stage, for example, when a project is already uploaded to the platform or the fund-raising begins, you will have to pay fees to the platform and investors. All cancellation terms are described in Paragraphs 8.4-8-6 of the Service Agreement with the project owner (section “Documents” at self-service).

Of course, you can repay the loan earlier, according to the terms and conditions of the loan agreement. So, borrow responsibly and think through all possible scenarios before signing the agreement.

In the event of late payments, you will be prompted to pay as soon as possible. If you fail to comply with your obligations, we will be forced to begin the recovery process. Read more about the process here.

You can only extend the loan repayment term if this condition was previously stipulated in the loan agreement.

You can pledge real estate. The maximum permissible loan-to-value (LTV) ratio is 70%.

We recommend reading the funding terms and conditions in order to fully understand the obligations to your investors, as well as to plan your cashflow. If you have any further questions, please contact us by e-mail info@profitus.lt, or by telephone +370 63760776.

• We attract funding for your project.
• The collateral cannot be limited to own property.
• You receive money within 1 month from the loan application.
• We share valuable contacts.
• We advise you how to develop the project profitably.