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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.
LT0000336
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Dirbama žemė | - | - |
| Revenue |
| Net profit |
| Equity ratio |
Documents
Payment schedule
About the project
Kadoro LT, MB, which was established last year, successfully provides a variety of energy-related services, including airline and cable installation, trench drilling, and other electrical equipment-related services.
The newly established company has set strong service quality standards, therefore it didn't take long to find the first customers - MB Kadoro LT has already signed several long-term contracts, the value of one of which exceeds 5 million euros.
The company uses its own equipment to provide services - three excavators, drilling equipment, two dump trucks, a truck with a crane, an air compressor, a coil trolley, and other additional equipment.
Currently, the company needs a crawler loader - the previously purchased front loader did not fulfill the company's requirements, thus Kadoro LT, MB is taking out a loan to purchase a new loader that is more suitable for the activity specification.
Annual interest
- Investing from 100 € - interest 11,2%
- Investing from 500 € - interest 11,9%
- Investing from 1.000 € - interest 12,2%
- Investing from 2.000 € - interest 12,5%
- Investing from 5.000 € - interest 12,5%
- Investing from 10.000 € - interest 12,7%
- Investing from 20.000 € - interest 13,4%
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.