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.

LT0002410

Goal
61,500 €
Raised
61,500 €
100%
Return rate
From 12.7%

Rating
C+

Period
47

Time left

LTV
81%

Country
Lithuania

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner Address
Ūxxxxxxxx (-ė) Xxxxxxx Xxxxxxxxx
Xxxxxxxšxxx x., Xxxxūxų x.
header_1 Declared Owned
Dirbama žemė170.13 ha70.00 ha
20232022
Revenue 262,457.00 € 303,754.00 €
Net profit 21,541.00 € 132,264.00 €
Equity ratio 15.37% -
Project description
Documents
Payment schedule

We invite you to invest in a successful crop farm located in the Vilkaviškis district. 

With extensive experience in agriculture, the project owner has expanded operations over the years and now cultivates 170.13 hectares of land, of which, according to the farmer, 70 hectares are privately owned. The farm specializes in the cultivation of winter wheat, winter rapeseed, spring wheat, and oats ensuring a diverse and high-quality production.

The farmer is supported by family members, with additional help from a seasonal worker during harvest time to ensure the smooth transportation of grain. 

The farm employs modern machinery, including a John Deere 9640 WTS combine harvester, a Valtra tractor, two John Deere tractors, and other essential equipment. This ensures efficient field management and high-quality harvests. Additionally, the farmer applies strip-till farming techniques to maintain sustainable and productive agricultural practices. 

Currently, the farm is seeking a loan to increase working capital. The funds will be used to purchase fuel, fertilizers, and for machinery maintenance.

Join this project and contribute to the success and sustainability of this thriving farm!  

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.