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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.
LT0000133
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Dirbama žemė | - | - |
| Revenue |
| Net profit |
| Equity ratio |
Documents
Payment schedule
With this project, we invite you to invest in the development of a farm's heavy equipment fleet. The funds are collected to purchase a used Claas Lexion 670TT combine harvester. Your investments will be secured by the pledge of three heavy machinery units.
Since 2012 a farmer has been cultivating a crop farm in Klaipėda district. Spring and winter triticale, barley, wheat, rye, and peas are grown on the farm. The farmer's family is also actively engaged in farming activities. As the family manages the farm together, the total area of land is 500 ha.
Currently, a tractor, a loader, and a slurry tanker are used in the farm's activities.
The farmer plans to expand the farmland to 200 ha in 2021.
Equipment seller: Nova rent, UAB
Area of declared land: 180,55 ha, from which 15 ha is owned by the farmer
Annual interest
- Investing from 100 € - interest 11,9%
- Investing from 500 € - interest 12,5%
- Investing from 1.000 € - interest 12,8%
- Investing from 2.000 € - interest 12,9%
- Investing from 5.000 € - interest 13%
- Investing from 10.000 € - interest 13,1%
- Investing from 20.000 € - interest 13,3%
- Investing from 30.000 € - interest 14,1%
- Investing from 40.000 € - interest 14,4%
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.