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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.
LT0000183
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Dirbama žemė | - | - |
| Revenue |
| Net profit |
| Equity ratio |
Documents
Payment schedule
Individual guarantee
The farmer got granted an individual guarantee of 80% provided by a governmental development institution Agricultural Credit Guarantee Fund. Individual guarantee means that in case of a default, the Fund pays the difference between the unpaid credit amount or any portion thereof, and the income received by the credit institution from the exaction. 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 technical fleet of the Lithuanian Verslo Valstija, UAB. The project is aimed at the purchase of a used drill and a used mulcher. The equipment loan will be secured by a pledge of the purchased equipment and an 80% individual state guarantee.
The company, established eight years ago, currently uses 579.3 ha of land for its activities. The farm is actively developing crop production - wheat, rape, and barley are grown on the farm. Verslo Valstija, UAB also provides biofuel production and storage services are also provided, which account for about 10% of the company's income.
In 2021, the company's management expects a profitable season - although a similar area of crops was sown as last year, after the modernization of the technical fleet, higher tonnage per hectare is expected, and production prices are higher this year.
The company's heavy machinery fleet consists of several different tractors, a combine, a drill, a cultivator, a telescopic loader, and other equipment necessary for the activities.
Equipment seller: Jualdė, UAB
Area of declared land: 568,26 hectares, from which 27 hectares are owned by the project owner
Annual interest
- Investing from 100 € - interest 7,60%
- Investing from 500 € - interest 8,30%
- Investing from 1.000 € - interest 8,60%
- Investing from 2.000 € - interest 9,10%
- Investing from 5.000 € - interest 9,30%
- Investing from 10.000 € - interest 9,70%
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.