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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.
LT0000338
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | - | - |
| Revenue |
| Net profit |
| Equity ratio |
Documents
Payment schedule
About the project
Invest in a loan refinancing project - the project owner is actively monitoring the farm's cash flow and now seeking to cover its financial obligations and borrowing on better terms, as the repayment schedule of the available loan is not tailored to individual farm needs and cash flow.
The farmer, who began farming seven years ago, is actively focusing on expanding the farm's territory. The woman currently owns a 95.87-hectare crop farm in the Jonava area, where rapeseed, wheat, barley, beans, and peas are grown.
The businesswoman claims that the farm has enough essential equipment to meet all needs, so only her own equipment is used in the activity - a tractor, a combine harvester, a seed drill, and other necessary implements.
The project owner is constantly looking for opportunities to further expand the farm area but admits that it's not an easy task considering the fierce competition from neighboring farmers and a scarcity of land plots.
Area of declared land: 95,87 hectares, from which 30% are owned by the project owner.
Annual interest
- Investing from 100 € - interest 11,3%
- Investing from 500 € - interest 11,9%
- Investing from 1.000 € - interest 12,2%
- Investing from 2.000 € - interest 12,4%
- Investing from 5.000 € - interest 12,7%
- Investing from 10.000 € - interest 12,9%
- Investing from 20.000 € - interest 13,2%
- Investing from 30.000 € - interest 13,6%
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.