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.

LT0002557

Goal
52,000 €
Raised
45,406 €
87%
Return rate
From 13.6%

Rating
C+

Period
47

Time left

LTV
43%

Country
Lithuania

Loan purpose
Refinancing

Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxūxxx Xxxxxxxx
Xxxxxxxx, Xxxxxxų x. xxx.
header_1 Declared Owned
Farming land205.40 ha110.00 ha
20232022
Revenue 112,458.00 € 134,676.00 €
Net profit 78,139.00 € 71,630.00 €
Equity ratio 38.93% -

Investment calculator

Pick one of the suggested or type in your own amount to see interest rate and preliminary earnings.
Interest

13.6%

Preliminary earnings

0.00 €

Important:
The calculator provided is preliminary and the projected earnings are determined based on the preliminary principal repayment schedule.

Interest rates:
Investing from 100 € - 13.6% Investing from 500 € - 14.3% Investing from 1,000 € - 14.6% Investing from 2,000 € - 15.1% Investing from 5,000 € - 15.3% Investing from 10,000 € - 15.7%
Project description
Documents
Payment schedule

For additional loan security, a plot of land will also be pledged, which is currently pledged as primary collateral for loan LT0002190 (loan amount €56,000, land value €126,000).

We invite you to invest in a mixed organic farm operating in the Lazdijai district since 2017.

Starting with beef cattle farming and raising waterfowl (geese and ducks), the farm has built a strong customer base, enabling it to grow to its current stage. All farm products are certified according to VšĮ Ekoagros standards. Additionally, the farm cultivates winter wheat, winter rapeseed, and spring wheat.

Currently, the farm operates on 205,40 hectares of land, 110 hectares of which are owned. The farm also manages 40 hectares of neglected land requiring reclamation and has lease agreements for an additional 30 hectares of arable land.

The farm has successfully implemented an investment project funded by NMA, acquiring modern equipment for grain cultivation and feed production. Future plans include doubling the amount of arable land and the number of livestock to ensure even greater productivity and sustainability.

At present, the farm is borrowing to refinance existing financial obligations, aiming to optimize cash flows, ensure stability, and enhance operational efficiency.

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.