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.

LT0002624

Goal
15,000 €
Raised
15,000 €
100%
Return rate
14.5%

Rating
B

Period
32

Time left

LTV
-

Country
Lithuania

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner Address
Ūxxxxxxxx (-ė) Xxxxxx Xxxxxxxx
Xxxxxxxxų x., Xxxšxxų xxx. Xxxšxų xxxxxx xxx.
header_1 Declared Owned
Dirbama žemė92.37 ha9.00 ha
20242023
Revenue 25,678.00 € 30,559.00 €
Net profit 11,206.00 € 14,968.00 €
Equity ratio 54.67% -
Project description
Documents
Payment schedule

We invite you to invest in a growing mixed farm established in 2022 in the Telšiai district, specializing in grain and forage crop cultivation, as well as livestock farming.

Currently, the farmer cultivates 92.37 hectares of land, of which 9 hectares are privately owned. The farm grows rapeseed, wheat, barley, and peas, along with forage grasses used for feeding the livestock.

The farm is equipped with several tractors, a combine harvester, and other essential machinery, ensuring smooth fieldwork and efficient livestock management. The farmer independently handles all daily operations.

The farm is currently borrowing funds for tractor repairs and to increase working capital, aiming to maintain smooth operations and financial stability.

Join this project and contribute to the success and development of this growing 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.