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 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 10 000 and EUR 10 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 refinancing or property acquisition.

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 [email protected] or by +37063760776. We are flexible and always looking for the right solution.

Fill out the application here and we will contact you. We will provide you with a financing offer. Each project is unique, so we will ask you for the necessary documents for a more detailed evaluation of your business and application. We will finance your business idea. If you receive a positive response, your project will be uploaded to the platform and the money will be paid out in just a few business days. Time to implement your ideas! You will repay the financed amount and interest according to a pre-agreed schedule.

The money you borrow will be transferred when we collect it from investors and together with you the pledge documents of the notary's office.

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 – higher risk, D – high risk. Risk is calculated and assessed by Profitus experts with years of experience in real estate. In order to objectively assess the project, your data is checked in various registers, e.g. Creditinfo.

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.

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

You can pledge real estate, equipment or other property. The maximum allowed ratio of the loan to the value of the mortgaged property (LTV indicator) in projects with real estate primary mortgages is 70%. For loans secured by other assets, the terms of the collateral are adjusted individually.

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 [email protected], or by telephone +370 63760776.

We attract funding for your project. The collateral cannot be limited to own property. You receive the money in just a few days of signing the loan agreement. We share valuable contacts. We advise you how to develop the project profitably.

Currently only real estate projects developed in Lithuania can be submitted for financing. Yet, in the future, we plan to allow applications from all over the European Union.