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.
LT0002131
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 20.43 ha | 20.43 ha |
| 2023 | 2022 | |
|---|---|---|
| Revenue | 9,252.00 € | 10,161.00 € |
| Net profit | 514.00 € | 3,635.00 € |
| Equity ratio | 45.09% | - |
Documents
Payment schedule
To help a farmer collect funds faster, we offer you to earn even more. When investing, use the promo code heavy2131 and get 2.00% cashback.
The farm was established in 2010, after purchasing a homestead and starting to grow crops for personal needs. Over time, farmer managed to acquire State land, expanding the farm to 20 hectares of arable land. All the cultivated land is privately owned. The farm grows triticale, lupins, and oats, and also raises about 20 head of beef cattle.
The farm has all the necessary equipment, including a tractor, a combine harvester, and the required implements for soil cultivation. Funds are needed to cover seasonal expenses, such as fertilizers, seeds, and fuel.
The farmer does not work alone; family members, including his sister, mother, and cousin, also work together on the farm. Together, they manage about 77 hectares of land, of which over 50 hectares are privately owned.
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.