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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.
LT0002180
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 202.55 ha | 55.00 ha |
| 2023 | 2022 | |
|---|---|---|
| Revenue | 251,163.00 € | 310,654.00 € |
| Net profit | 15,078.00 € | 96,384.00 € |
| Equity ratio | 35.1% | - |
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Payment schedule
To help a farmer collect funds faster, we offer you to earn even more. When investing, use the promo code heavy2180 and get 2.00% cashback.
We invite you to invest in a mixed organic dairy farm that is successfully operating and expanding in the Rokiškis district.
Established in 2020, the farm specializes in raising cows and selling raw milk to dairy processors, as well as cultivating grain crops (buckwheat, rapeseed, wheat, and more). Currently, the farm manages 202.55 hectares of land, of which, according to the farmer, 55 hectares are privately owned. Additionally, 15 hectares are state-leased land, and the remaining area is leased from private individuals. The farm also includes a 600 square meter milking cow barn, employee quarters/house, and other farm buildings.
The farm is the first in the Rokiškis district to install a fully robotized milking system. Currently, the farm maintains over 50 milking cows and around 40 young stock, including heifers. The total cultivated area is 150 hectares: 30 hectares of corn, 6 hectares of sweet lupins, 12 hectares of peas, 26 hectares of wheat, 40 hectares of rapeseed, 19 hectares of oats, and 17 hectares of buckwheat.
The main buyers of the farm's produce are AB Rokiškio Sūris, UAB Utenos Mėsa, UAB Raskafas, AB Linas Agro, and AB Agrokoncernas. The main suppliers include UAB RVAC, UAB Baltic Agro, UAB Ekko LT, AB Linas Agro, UAB CircleK, and UAB Velseka.
The farm utilizes modern machinery: a 2016 New Holland T7 270 tractor, a 2018 Kverneland U-Drill 6 seeder, a 2018 Manitou 733-105D telehandler, a 2022 Case IH RB545 SILAGE PACK round baler-wrapper, a 2010 Fendt 8200 Vario TMS tractor, a 2021 Siloking 12m3 mixer wagon, a 2022 Kverneland 9472 C rake, a 2022 Kverneland 4140 L mower, a 2022 KUN SUPER heavy cultivator, a 2021 Palms trailer, a 2006 Laumetris manure spreader (8M3), a 2008 Vaschieri manure spreader (L/80), two 2012 milking robots with accessories, three 2012 feed bins, four 2012 feeding platforms, and a 2012 cooling system.
The working capital will be used for the construction of a heifer shed.
Join this project and help to develop this promising farm, ensuring its growth and success together.
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.