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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.
LT0002447
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 57.57 ha | 53.00 ha |
| 2024 | 2023 | |
|---|---|---|
| Revenue | 37,300.00 € | 24,073.00 € |
| Net profit | 21,971.00 € | 6,404.00 € |
| Equity ratio | 73.74% | - |
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The farm, established in 2008 in Prienai district, specializes in raising purebred Charolais beef cattle. Currently, the farm maintains 50 purebred cattle, with a total declared area of cultivated land of 57.57 ha, of which, according to the farmer, 53 ha are privately owned.
The farm utilizes a relatively new Massey Ferguson tractor and all necessary forage preparation equipment, ensuring effective animal care and high-quality feed.
The loan is intended to increase working capital to support the farm’s stable and sustainable growth.
Join this project and contribute to the continued development of this promising farm, supporting its growth and success.
Profit and revenues are showed for 2024 Q I, II, III.
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.