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.

LT0002420

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

Rating
B

Period
34

Time left

LTV
-

Country
Lithuania

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner Address
Ūxxxxxxxx (-ė) Xxxxxx Xxxxxxxxxx
Xxxxxxxx x. xxx., Xxxxxžxxxx xxx., Xxxxxžxxx
header_1 Declared Owned
Dirbama žemė84.70 ha17.57 ha
20242023
Revenue 73,237.00 € 66,179.00 €
Net profit 25,552.00 € -15,562.00 €
Equity ratio -43.35% -
Project description
Documents
Payment schedule

We invite you to invest in a crop farm located in the Jurbarkas district, which has been striving to ensure high-quality production and efficient agricultural management since 2015.

Currently, the farmer manages 84.7 hectares of land, of which, according to the farmer, 17.57 hectares are privately owned. The farm grows rapeseed, wheat, barley, and triticale, ensuring diverse and high-quality production.

The farm utilizes modern machinery, including an Amazone UG3000 sprayer, a John Deere 7530 tractor, an Amazone fertilizer spreader, a Rolmako disc cultivator, a trailer, and other essential equipment to efficiently manage the fields. During the harvest season, the farmer hires a combine harvester with an operator, ensuring smooth and efficient grain collection.

The farm is currently borrowing funds to increase working capital, aiming to optimize operations and support further growth.

Join this project and contribute to the growth and success of this sustainable farm!

The income and net profit for 2024 include data from Q1 to Q3.

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.