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.
LT0002189
Project owner | Address |
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header_1 | Declared | Owned |
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Dirbama žemė | 26.72 ha | 3.00 ha |
2024 | 2023 | |
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Revenue | 62,538.00 € | 105,699.00 € |
Net profit | 14,990.00 € | 4,406.00 € |
Equity ratio | - | - |
This project invites you to invest in the expansion of a Lithuanian meat production company.
Founded in 2012, Hantera UAB is engaged in the production of wild game and cattle and the sale of game products. The company's holdings include red deer, David's deer, fallow deer, mouflon, Shetland ponies, purebred bulls of the Highland and Angus breeds. At present, 154 head of cattle and 271 deer are still kept.
The farm has a slaughterhouse, which is licensed by the State Food and Veterinary Service to provide food processing services. The company also has a meat-packing plant for the production of canned meat. The company sells its products at various fairs and exhibitions. The meat from deer and beef cattle is transported for processing and then sold to customers, with most of the production being exported to Poland.
In addition, since 2015, Hantera has received annual financial support from the Ministry of Agriculture in the form of payments for beef cattle production. The company participated in the Lithuanian Rural Development Programme 2014-2020 and received support to modernise its machinery fleet. The farm has officially declared about 26 hectares.
The enterprise employs two workers, who are also the owners, which saves considerable labour costs. The farm is equipped with all modern machinery - tractors, grass cutters, balers, trailers, etc. - and livestock sheds.
The company's profit growth is heavily dependent on the number of offspring produced on the farm and the number of pure-bred cattle. To date, the client has requested refinancing of existing loans as it would be difficult to repay the upcoming instalments as the cattle have produced late calves which are not financially viable to dispose of. The loan is secured by a plot of land and buildings owned by the company.
For more information on this and the farm's activities, please visit its website https://hantera.lt/
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.