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.

LT0002208

Goal
15,000 €
Raised
15,000 €
100%
Return rate
13%

Rating
A

Period
26

Time left

LTV
-

Country
Lithuania

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxxxx Xxxšxxxxxx
Xxxxxčxų x., Šxxxxxx xxx., Xxxxxxxų xxx.
header_1 Declared Owned
Farming land100.06 ha80.00 ha
20232022
Revenue 110,814.00 € 34,436.00 €
Net profit 81,458.00 € 12,474.00 €
Equity ratio 81.65% -
Project description
Documents
Payment schedule

We invite you to invest in a promising horticulture farm that is successfully operating and developing in Raseiniai district.

The farm was established in 2002 and currently occupies 100.06 hectares of land, of which 8 hectares he claims is personal property. The farmer continues the family farming tradition, his father used to farm before him, and now his children also help during the harvest.

Wheat, rye, oats, peas and beans are grown on the farm, ensuring versatile and high-quality production.

The farm's technical park consists of all necessary equipment for the cultivation and harvesting of grain crops. The farmer uses reliable tractors, high-class combine harvesters and other necessary equipment that ensures effective management of the fields and high quality of the harvest.

The loan will be used for working capital, such as repairs, fuel and seeds. These investments will help reduce production costs, increase work productivity, production volumes, ensure high production quality and mitigate climate change.

Join us in helping 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.