Agriculture loan
+State guarantee
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.
LT0000139
Project owner | Address |
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header_1 | Declared | Owned |
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Farming land | - | - |
Revenue |
Net profit |
Equity ratio |
Individual guarantee
The farmer got granted an individual guarantee of 80% provided by a governmental development institution Agricultural Credit Guarantee Fund. Please read more about individual guarantees and benefits this scheme provides for investors in our news section.
About the project
With this project, we invite you to invest in the development of the agricultural company's heavy equipment fleet. The loan is intended for the purchase of a used Claas Lexion 760TT combine harvester and will be secured by pledging the purchased equipment and a received 80% individual state guarantee.
ŽŪB TRYS AGRO BITĖS, established three years ago, manages a 92.91 ha crop farm in the Kelmė district. Winter and summer oilseed rape, wheat, barley, beans, oats, and peas are grown here. The company also provides tillage, spraying, and sowing services.
To make the firm's activities even more efficient, the company is borrowing 123.050 € for a used combine harvester.
Besides, this year the company plans to expand the farm's land to 120 ha of and continue to provide the same services, including additional threshing services.
Area of declared land: rented 92,91 ha
Annual interest
- Investing from 100 € - interest 8,9%
- Investing from 500 € - interest 9,5%
- Investing from 1.000 € - interest 9,8%
- Investing from 2.000 € - interest 9,9%
- Investing from 5.000 € - interest 10,0%
- Investing from 10.000 € - interest 10,1%
- Investing from 20.000 € - interest 10,3%
- Investing from 30.000 € - interest 10,6%
- Investing from 40.000 € - interest 11,3%
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.