The Company has been working in the real estate sector since 2021. The Company has several revenue streams, including property rentals, furnishing works, and real estate development, with its primary focus being small-scale real estate development projects. The Company typically acquires undeveloped properties and completes the interior works or develops small apartment buildings from the ground up. To date, the Company has successfully developed and sold real estate projects with a total value exceeding 1 million EUR.

Currently, the Company holds a long-term loan from another creditor, which was used to purchase a large apartment in the central Kaunas area and to develop a small apartment building in the inner Kaunas area. The Company now requires additional capital to fully furnish all apartments and proceed with sales. Estimated sales proceeds upon completion are expected to reach EUR 1,360,000-1,400,000.

Therefore, the Company is seeking EUR 823,000 financing for 12 months to refinance the 673,000 EUR existing loan and allocate the remaining amount toward completing the development works. The loan will carry a 12.00% annual interest rate (1.00% monthly) and it will be amortized at the end of the loan term. The loan will be secured with a mortgage on 3 apartments located in Kaunas with a market value of EUR 1,201,000 (LTV 69%). In addition, a personal guarantee from the shareholder will be provided. The project risk rate is B (80 out of 100).

There are a number of factors that make lending to the Company an attractive opportunity and the main highlights are as follows:

• The loan will be secured with a mortgage on 3 apartments with a total value of EUR 1,201,000 (LTV 69%).
• A personal guarantee from the shareholder will be provided.
• The Company has developed over 1,000,000 EUR worth of real estate in its operating history.