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.

LT0001963

Goal
6,700 €
Raised
6,700 €
100%
Return rate
11%

Rating
A

Period
8

Time left
Closed

LTV
-

Country
Lithuania

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxxxxx Xxšxxxxxx
Ūxxxxxx x. 68, Xxxxxxėxų x., Xxxxxxx xxx., Xxxxxxx x. xxx.
header_1 Declared Owned
Farming land68.41 ha17.00 ha
20232022
Revenue 47,960.00 € 56,364.00 €
Net profit 49,363.00 € 14,987.00 €
Equity ratio 78% -
Project description
Documents
Payment schedule

We invite you to invest in a farmer who started his agricultural business in 2014. Today he is successfully farming 68.41 ha, of which 17 ha are owned. The farm grows wheat, rapeseed, triticale and peas.

Currently, the farmer has 2 tractors, a new combine harvester, a seeder, a cultivator, a coulter, a spreader, and other smaller equipment.

He uses the method of no-till farming on his farm and plans to expand his farm in the future by increasing the area of agricultural land.

The loan will be used to buy fertiliser and to renew the seed. Join us and let's work together to ensure the sustainable growth and development of this promising farm.


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.