LTV (Loan-To-Value) indicator is used to express the ratio of a loan to the value of an asset. An LTV ratio is calculated by dividing the amount borrowed by the asset value x 100. For example, the asset is worth 10 000 Eur, the amount borrowed is 7 000 Eur, the LTV is 70%.

A lower LTV indicator means that a greater part of assets is pledged.

Please note that no project on the Crowdpear platform will have an LTV ratio higher than 80%.