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.

LT0002349

Goal
11,900 €
Raised
11,900 €
100%
Return rate
14%

Rating
B

Period
23

Time left

LTV
-

Country
Lithuania

Loan purpose
Refinancing

Business information
Security measures
Loan history
Project owner Address
Xxxxxxx Xxxxxxxx
Žxxxxxx x. 4, Xxxčxų x., Xxxxxxxxxxėx xxx.
header_1 Declared Owned
Farming land17.77 ha17.77 ha
20232022
Revenue 23,889.00 € 19,348.00 €
Net profit 9,842.00 € 11,721.00 €
Equity ratio 17.59% -
Project description
Documents
Payment schedule

We invite you to invest in a promising family farm that is committed to high quality production and sustainable agriculture.

The farmer, who joined his parents' farm in 2022, currently declares 17.77 ha of land, of which 17.77 ha are his own. In total, the family manages 100 ha of land, of which 46 ha are owned. The farm grows wheat, oilseed rape and beans.

The farm is active in the use of no-till farming methods and is aiming to expand the farm by increasing the amount of land.

The farm's technical fleet consists of reliable and efficient tractors, a high-class combine harvester, semi-trailers for grain transport and other necessary equipment to ensure efficient field management and high yield quality.

The loan is needed for refinancing to ensure stable farm management and financial flexibility.

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.