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New project "Autoplovykla Kaune". Project funding will be allocated to project development and for the final payment for the purchased car wash equipment and its installation on the site. The loan will be repaid from the company's operating income, the balance will be refinanced at the end of the term. The amount to be collected is EUR 100 000.

The project owner is building a self-service car wash. Project owner has a building permit. Currently, 30-40% of the construction works have already been completed in the project - communications, rainwater, water supply, sewerage, electricity have been installed. Currently, the project is designing gas, poured foundations. At the end of August, the necessary equipment will reach the project. An advance of EUR 47 000 was paid from the company's own resources. In total, the project owner invested EUR 150,000 of his own funds in the project. The estimated monthly turnover of the project is from 8,000 EUR to 11,000 EUR (depending on the seasonality). The planned start of activities is September/October of 2021.

In order to ensure the interests of investors, a 50,52 acres plot of land is pledged in Kaunas, B. Brazdzionio Street 24. The value of the pledged property according to the independent real estate appraiser "Newsec" is EUR 172 000. The project owner plans after 4 months. from the signing of the loan agreement to register the completion of the building and pledge the building, thus increasing the value of collateral for investors. The project is located in Giraite district, near the Western Bypass, there are no other car washes in the nearest distance.

Interest by investment amount:
- EUR 100 to EUR 999 - 9%
- From EUR 1 000 to 9 999 - 9,5%
- From EUR 10 000 - 10%
Important: investments made separately are not aggregated.

We plan to collect the accumulated amount within 7 days with the possibility to extend it to 21 days. without raising funds.

About the Profitus

ECSP license
Profitus Verified platform

Profitus is a crowdfunding and investment platform with a minimum investment of 100 euros, secured by real estate or warranty. It operates 24/7 and collaborates with Paysera, Trustly, and Creditinfo.

Minimum investment
100 EUR
Advertised return
10.36%
Investors
33,404
Payment options
Direct debit, Bank transfer
Total funding volume
126,833,230 EUR
Average loan duration
N/A
What does Profitus offer?

Profitus is a crowdfunding and investment platform whose main goal is to make investment available to everyone. Investments start at 100 euros, and the platform is open 24/7. Investments are secured by pledging real estate and other collateral (e.g., indemnity or warranty). Different projects have different security tools that users can access in self-service for each project.

Profitus consults with the Bank of Lithuania in order to ensure perfect compliance with the law. Monetary operations on the platform are carried out in cooperation with Paysera and Trustly. The risk relating to the project and project owner are assessed on the basis of information provided by Creditinfo.

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