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.
LT0000232
Project owner | Address |
---|---|
header_1 | Declared | Owned |
---|---|---|
Farming land | - | - |
Revenue |
Net profit |
Equity ratio |
About the project
With this project, we invite you to invest in a Lithuanian company's farm development. Agronera, UAB, founded five years ago by a family of farmers, currently manages a 44.43-hectares farm in Telšiai district. On the farmland, grain crops are grown, and with the available machinery, the company also provides services to other farms. The company's revenue from these services is about half of the total company's turnover.
The company's technical fleet consists of a self-propelled shredder Claas Jaguar 870, a sprayer Amazone UX 5200 Super, and other equipment.
The company's HeavyFinance loan portfolio is 162.937,37 €. The interest and principal payments of these loans are made on time.
This loan will be used for the ongoing reconstruction of beef cattle housing and will be secured by the personal surety of Agronera, UAB director.
Area of declared land: 44,43 hectares, from which 10,5 hectares are 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.