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.

BG0000368

Goal
87,500 €
Raised
87,500 €
100%
Return rate
From 11.2%

Rating
B

Period
35

Time left

LTV
70%

Country
Bulgaria

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner Address
XXX "XXX", Xxxx Xxxxxx
Xxxxxxx Xxxx, Xxxxxxxx
header_1 Declared Owned
Farming land--
Revenue
Net profit
Equity ratio
Project description
Documents
Payment schedule

About the project

Invest in the development of agricultural company with a solid track record.

The agricultural firm, founded in 2009 by a family of farmers, is now proud to be one of Europe's leading exporters of duck meat products. The majority of the company's products are exported to France, Italy, and Spain, and the company's annual production is meat of 40-45 thousand birds.  The firm makes an average of 150 thousand euros every month from its operations.

However, the company experinced a loss last year when one of its biggest markets, France, implemented new import regulations, making it impossible for the company to supply local restaurants with duch meat. The loss was also affected by lower demand for duck in the catering sector across all the markets as a result of the pandemic.

Nonetheless, the firm has strong expansion ambitions and will soon begin importing its production to Japan and Russia.

Annual interest

  • Investing from 100 € - interest 11,2%
  • Investing from 500 € - interest 11,9%
  • Investing from 1.000 € - interest 12,2%
  • Investing from 2.000 € - interest 12,5%
  • Investing from 5.000 € - interest 12,7%
  • Investing from 10.000 € - interest 12,9%
  • Investing from 20.000 € - interest 13,4%

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.