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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.
LT0000167
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | - | - |
| Revenue |
| Net profit |
| Equity ratio |
Documents
Payment schedule
With this project, we invite you to invest in the development of the newly established company Eco laikas, UAB, which is engaged in the cultivation of perennial plants. The project is intended for the purchase of a used tractor, tillage cultivator, and grass shredder. The loan will be secured by a pledge of the purchased equipment.
The company, established seven months ago, is currently growing hazelnuts on 12 hectares area. The firm is planning to not only expand its territory but also broaden the variety of perennial plants grown.
The implementation of these plans requires additional equipment, which the company seeks to acquire with this project. Eco laikas, UAB is borrowing 13.000 €, which will be used for a Japanese tractor ISEKI TG37, tillage cutter, and grass shredder.
Equipment seller: Agroteksas, UAB
Area of declared land: 12 hectares. All the land is owned by the company
Annual interest
- Investing from 100 € - interest 11,9%
- Investing from 500 € - interest 12,6%
- Investing from 1.000 € - interest 13,2%
- Investing from 2.000 € - interest 13,8%
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.