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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.
LT0002211
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 0.00 ha | 0.00 ha |
| 2024 | 2023 | |
|---|---|---|
| Revenue | 271,368.00 € | 811,295.00 € |
| Net profit | 14,516.00 € | -250,146.00 € |
| Equity ratio | - | - |
Documents
Payment schedule
We invite you to invest in Vytila UAB, a promising forestry company that is successfully operating and expanding its business.
Vytila UAB was founded in 2015 and specialises in forestry. Currently, Vytila UAB is successfully cooperating with state forestry authorities, providing high quality logging, preparation and extraction services.
In addition, the company is involved in the purchase and sale of forestry machinery, thus diversifying its activities and strengthening its market position.
The company's technical fleet consists of reliable and efficient machines that ensure efficient forest management and high quality of service. These include a wide range of tractors, felling machines, extraction equipment and other necessary machinery, which are regularly maintained and renewed in order to maintain the highest working standards.
The loan will be used for working capital, repairs and the expansion. The replenishment of the working capital will ensure smooth and uninterrupted operations, the repair of the machinery will help to maintain the efficiency of the operations and the expansion will enable the company to grow and gain an even stronger position in the market.
2024 revenue and profit provided for Q1 and Q2.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.