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.

LT0002254

Goal
12,000 €
Raised
12,000 €
100%
Return rate
14%

Rating
A

Period
24

Time left

LTV
-

Country
Lithuania

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner Address
Xxxxx Xxxxšxxxxė
Xxxxxšxxxx x., Xxxxxxxšxxx xxx.
header_1 Declared Owned
Farming land58.31 ha5.20 ha
20232022
Revenue 98,141.95 € 90,173.66 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule

We invite you to invest in a family farm specializing in both grain and vegetable cultivation, committed to producing high-quality products.

The farmer started farming in 2005 in the village of Pakiršinis, Radviliškis district. Currently, the farm covers 58.31 hectares of land, 5.2 hectares of which, according to the farmer, are privately owned. Although most of the land is dedicated to growing grains, a larger portion of the farm’s income comes from vegetable cultivation.

The farmer works together with family members who contribute to the farm’s operations. The farm is equipped with modern machinery, including 4 tractors, a seed drill, a grain harvester, a vegetable harvester, and other necessary equipment to ensure efficient field management and high-quality yields.

At present, the farm seeks to increase its working capital to support further growth and expansion.

Join this project and help the family farm ensure continued success and growth.

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.