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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.
LT0002274
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 71.61 ha | 26.00 ha |
| 2023 | 2022 | |
|---|---|---|
| Revenue | 44,908.97 € | 71,549.33 € |
| Net profit | - | - |
| Equity ratio | - | - |
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We invite you to invest in an experienced and promising farm that has been operating since 1996.
The farm specializes in arable farming, growing wheat, rapeseed, barley, beans, and triticale. In addition, the farm keeps 70 dairy cows, contributing to the farm's diversity and stability. Currently, the farm cultivates 71.61 hectares of land, of which 26 hectares are privately owned.
The farm's equipment includes modern and reliable machinery, such as 2 John Deere tractors, a Class combine harvester, grain transport trailers, a fertilizer spreader, a rake, a seeder, a sprayer, cultivators, and other necessary equipment. Family members are also involved in farming – two sons have their own farms, but they all continuously help each other, ensuring efficient operations and high product quality.
Currently, the farm is seeking a loan to purchase a self-propelled loader. Join us in supporting the development of this promising farm and ensuring its growth and success. To secure the loan, a tractor John deere and 8.11 ha of land will be pledged. The project owner and his son are also providing their personal guarantee as an extra measure for the loan.
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.