Agriculture loan

Agriculture loans are tailored to acquire capital for various purposes such as expansion, inventory purchase, equipment acquisition, hiring staff, or to manage day-to-day operational expenses. The terms and conditions of these loans vary depending borrower's creditworthiness, collateral, repayment tenure and other factors.

BG0000618

Goal
32,000 €
Raised
32,000 €
100%
Return rate
up to 14.2%

Rating
B+

Period
32

Time left

LTV
57%

Country
Bulgarija

Loan purpose
Technikos įsigijimui

Business information
Security measures
Loan history
Project owner Address
Yordan Subev, Sybev Agro 74
header_1 Declared Owned
Farming land 50.60 ha 4.40 ha
20212020
Revenue 47,038.00 € 11,794.00 €
Net profit 16,872.00 € -
Equity ratio 39.12% -
Total value of pledged assets

55,440.00 €

Sunkioji technika 55,440.00 € -
Read more about security measures here.
Loan number Project goal Outstanding principal Paid interest Status
BG0000618 32,000.00 € 0.00 € 4,526.57 € Repaid
BG0000936 65,000.00 € 50,488.13 € 8,716.22 € Active
BG0001637 31,963.00 € 31,886.32 € 1,088.12 € Active
Project description
Documents
Payment schedule

Apie projektą

Verslininkas ūkį įkūrė prieš šešerius metus ir dabar deklaruoja daugiau nei 50 hektarų dirbamos žemės. Joje auginami kviečiai, saulėgrąžos, kukurūzai ir kitos augalinės kultūros. 

Ūkininkas jau turi traktorių, sėjamąją, purkštuvą ir kitos smulkesnės technikos. Dabar jis siekia įsigyti Massey Ferguson javų kombainą, kuris bus įkeičiamas paskolai apsaugoti. 

Project risks

For this project, there is a risk of losing all the profits made and the funds invested.

In this case, if the Project Owner fails to fulfill its obligations, the Platform Operator will take all necessary measures to protect the interests of investors and use the provided collateral, but the Platform Operator does not guarantee the full fulfillment of the Project Owner's obligations.

Financial agreements are not subject to the insurance protection established by the Law on Insurance of Deposits and Liabilities to Investors of the Republic of Lithuania.

Additional information:

If the project owner does not collect the amounts to be financed, the collected funds will be returned to the funders by transferring them to the account from which they were transferred. The Platform Operator also has the right to offer the Project Owner to reduce the amount to be financed during the Project financing term or to extend the Project financing term. In this case, if the amount to be financed is reduced or the term of financing the Project is extended, it shall in all cases be announced on the Platform and the Fund's financiers shall be informed.