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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.
LT0002224
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Dirbama žemė | 18.68 ha | 18.68 ha |
| 2024 | 2023 | |
|---|---|---|
| Revenue | 54,452.00 € | 16,992.00 € |
| Net profit | 35,605.00 € | -34,655.00 € |
| Equity ratio | - | - |
Documents
Payment schedule
We invite you to invest in the UAB "Eco laikas" project, which aims to become the largest hazelnut farm in Lithuania.
Founded at the end of 2020, the company is actively seeking partnerships both in Lithuania and Europe to expand its operations and increase production capacity. UAB "Eco laikas" aims not only to grow high-quality hazelnuts but also to optimize farming processes by implementing modern technologies and equipment that ease labor and reduce costs.
Currently, the company uses standard farming equipment but is continuously looking for ways to improve processes and introduce new technologies that allow for more efficient operations.
The goal of this project is to allocate part of the loan towards expanding the business, with the remaining portion dedicated to refinancing existing loans. The project is secured by an 11.68 ha land plot with existing hazelnut trees, ensuring the project's stability and security.
Join us in supporting the development of this ambitious project, ensuring its growth and success.
Profit and revenue are provided for 2024 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.