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.

LT0002273

Goal
15,000 €
Raised
15,000 €
100%
Return rate
14%

Rating
B+

Period
36

Time left

LTV
-

Country
Lithuania

Loan purpose
Refinancing

Business information
Security measures
Loan history
Project owner Address
Xxxxx Xxxxxxxx
Xxxxčxų x. 7, Xxxxxxxx xxx., Xxxxxxxx xxx.xxx.
header_1 Declared Owned
Farming land130.65 ha32.00 ha
20232022
Revenue 40,626.96 € 3,723.97 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule

We invite you to invest in a promising grain farm, successfully operating and continuing to expand its activities. The farm was established in 2022, but its roots go back to previous generations - the farmer continues the activities started by his grandfather. Currently, 130.65 ha of land is declared, of which 32 ha is owned (according to the farmer). The farm specializes in grain cultivation, working with rapeseed, wheat, barley, triticale and peas. A wide range of cultivated crops ensures the diversification of activities and high quality of production.

The farm uses reliable machinery, including a combine harvester (Acros 2009), a tractor (Claas 2019), a grain seeder (Vaderstad 3 2008), a harrow (Farmet 3 2022), a fertilizer spreader (Bogballe 2021) and a sprayer ( Hardi 24 of 2005), which help ensure efficient farm work and harvest quality. The farmer participates in the HF Carbon program, contributing to sustainable farming and carbon reduction.

The loan funds will be used for working capital - buying fuel, spare parts, fertilizers and chemicals - and refinancing existing loans (in other credit institutions) in order to ensure stable operation of the farm and better financial conditions. Join us in helping to further develop this traditional yet modern family farm while ensuring its growth and long-term success.

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.