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.

LT0002092

Goal
11,000 €
Raised
11,000 €
100%
Return rate
13%

Rating
B

Period
40

Time left

LTV
38%

Country
Lithuania

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner Address
Xxxxxxx Xxxxxxxxx
Xxxxxxxšxxx x., Xxxxūxų x.
header_1 Declared Owned
Farming land169.51 ha70.00 ha
20232022
Revenue 262,457.00 € 303,754.00 €
Net profit 21,541.00 € 132,264.00 €
Equity ratio 17.79% -
Project description
Documents
Payment schedule

We invite you to invest in a successful crop farm in Vilkaviskis district. The owner of the project, who has many years of experience in agriculture, has expanded his farm over the years to more than 169.51 ha of land, of which 70 ha are owned. The farm produces winter wheat, winter rape, spring wheat and oats.

The farming is supported by family members and an additional helper at harvest time for efficient grain transport.

The farm uses modern machinery to ensure high quality and efficiency. The machinery fleet consists of a John Deere 9640 WTS combine harvester, a Valtra tractor, two John Deere tractors and other necessary equipment for efficient field management and high quality of harvest.

The investments will be used to increase working capital, purchase fuel and cover the maintenance of the equipment. This will allow the farm to maintain a high level of operational efficiency and ensure quality production.

Join this project and help 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.