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.

LT0002087

Goal
15,000 €
Raised
15,000 €
100%
Return rate
15%

Rating
B

Period
17

Time left

LTV
-

Country
Lithuania

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner Address
Ūxxxxxxxx (-ė) Xxxxxxxxx Xxčxxxxxxxx
Xxxžxūxų x., Xxxžxūxų xxx., Xėxxxxxų x. xxx.
header_1 Declared Owned
Dirbama žemė44.11 ha8.00 ha
20232022
Revenue 66,641.00 € 72,144.00 €
Net profit -170.00 € 19,812.00 €
Equity ratio 29.06% -
Project description
Documents
Payment schedule

We invite you to invest in a crop farm that is constantly expanding and striving for high quality production.

The farmer started farming in 2016 and currently declares 44 hectares of land, of which 8 hectares are his own. The farm grows winter and spring wheat, spring barley, beans and winter rape.

He works together with his brother, who has a separate farm. The brothers share machinery and help each other to work more efficiently and productively.

The farm's technical fleet consists of two tractors, a combine harvester, a seeder, a fertiliser spreader, a sprayer, a grain truck and other necessary equipment to manage the fields efficiently and ensure a high quality of harvest.

Last year was quite difficult due to increased production costs and the farm is currently borrowing to increase its working capital and ensure the smooth running of the farm.

Join us and help us to further develop this promising farm while ensuring its growth and development.

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.