Create an account to make your first investment in only few steps!
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.
LT0000407
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Dirbama žemė | - | - |
| Revenue |
| Net profit |
| Equity ratio |
Documents
Payment schedule
About the project
The company, which started its activities in 2009, has the Certificate of Qualification No. 7892 of the Building Production Certification Centre, which entitles it to be a contractor of special buildings, including cultural heritage buildings. The company successfully participates in public procurement. The company has 22 employees.
The company's activities:
- Demolition, crushing, road maintenance and earthworks account for 87 % of the company's total revenue (construction and demolition of residential and industrial buildings, recycling of construction scrap, construction of communications - roads, streets, construction of various earthworks such as ponds, digging of pits for foundations, construction of gravel roads, construction of access roads and paths for various purposes, construction of culverts, foundations for pedestrian paths, and construction of other roadways);
- Quarrying - 7% of income (sale and delivery of bulk goods such as sand, gravel, black soil, crushed stone)
- Transport services, rental of machinery - 5% of revenues (the company has a modern, compliant fleet of construction machinery and heavy vehicles. The company rents excavators, loaders, bulldozers, dump trucks carrying over 20 cubic metres of bulk cargo to clients and invests in the renewal of its fleet every year.)
The company has a competitive advantage as the market for demolition services and road construction in forested regions in Lithuania is not yet full filled. Currently, demolition works are carried out in rural areas of abandoned buildings according to contracts signed with the municipal administrations of Rokiškis, Kėdainiai, Molėtai, , Ignalina, Alytus districts. Demolition works are also being carried out in Telšiai district under a contract with the State Forest Enterprise. A contract has been signed with AB Kauno Tiltai for the construction of the Plungė-Šateikiai railway section, with AB Lietuvos geležinkeliai as the general contractor.
The company is now investing in the expansion of its machinery fleet and borrowing money to purchase a used New Metso LT96 concrete crusher. The loan will be secured by a pledge of the purchased machinery, which value amounts to 290.190,67 €.
Annual interest
- Investing from 100 € - interest 10,3%
- Investing from 500 € - interest 10,9%
- Investing from 1.000 € - interest 11,2%
- Investing from 2.000 € - interest 11,4%
- Investing from 5.000 € - interest 11,7%
- Investing from 10.000 € - interest 11,9%
- Investing from 20.000 € - interest 12,2%
- Investing from 30.000 € - interest 12,6%
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.