Frequently asked questions

All legal entities can apply for funding for the purpose of real estate development or to obtain working capital on the PROFITUS platform. Fill on the application here and we will contact you.

We will respond as soon as possible in our self-service. Once we do this, we will inform you by email.

Yes, a legal entity can borrow on the PROFITUS platform. You need to have an authorisation from the director of the company. Also, you will need to provide the director’s data.

We are flexible when talking about the amount of funding. We recommend borrowing between 30,000 and 300,000 euros. In any case, fill in the application here. We are sure that we will find a solution together.

All information on fees are provided on the section Fees.

Funding can be received for both real estate development and to obtain working capital; however, in both cases, collateral is required.

The funding period is from 3 months to 6 years.

To receive funding for shorter or longer than specified periods, please contact us by info@profitus.lt or by +37063760776. We are flexible and we always try to find the best solution.

1. Sign up. Then create your project owner / borrower account on the PROFITUS platform.
2. Fill in the application here. After receiving all the necessary documents, we will send you an assessment report.
3. Get funding. If a positive response is sent, your project will be placed on the platform.
4. It’s time for your ideas to materialise! But do not forget your obligations to your investors.

For more information, please see the section How does it work?.

The collected amount of money will be transferred to you once you collect it from the investors, and when you mortgage real estate notarially.

On the PROFITUS platform, we assess the risk based on our internal assessment algorithm. It consists of evaluating the project owner’s creditworthiness, project risk assessment, and appraisal of the pledged property. Then, the result is calculated, upon which we assign the project risk by the following levels:

• A – Low risk
• B – Medium risk
• C – High risk
• D – Very high risk (we do not allow this level to be funded).

In this case, your project would not be funded. Please be noted that the probability of this happening is very poor. In any case, you will not lose anything, because fees are paid only after you have collected the full amount you want.

We can suspend or terminate the funding process before signing a contract with the PROFITUS platform. You can do this without paying any withdrawal fee. If you want to terminate the funding process at a later stage, for example, if a project has already been placed on the platform or funded, there will be fees that you have to pay to the platform and investors. All termination clauses are described in Paragraphs 8.4 to 8.6 of the Service Agreement with the project owner (please refer to the section “Documentation” on the self-service).

Of course, you can repay the loan prematurely and in accordance with the terms of the loan agreement. So, borrow responsibly and think of all possible scenarios before signing up.

In the event of late payments, you will receive prompts to pay as soon as possible. If you do not fulfil the obligations, we will be forced to start the recovery process. For more information on the process, please see here.

You can only extend the term of repayment if this condition was provided for in advance in the loan agreement.

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

We recommend that you analyse your project, understand the obligations to investors, plan your cash flows and, most importantly, believe in your real estate project. If you have any questions, please contact by email info@profitus.lt or by telephone +370 63760776.

• We attract funding for your project.
• Collateral may be not only your own property
• You get money in 1 month from the loan application
• We share valuable contacts
• We advise you how to develop a profitable project