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.

LT0002630

Goal
10,000 €
Raised
10,000 €
100%
Return rate
13%

Rating
B+

Period
21

Time left

LTV
-

Country
Lithuania

Loan purpose
Equipment purchase

Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxxxxx Xxxxxxx
Xxžxxxxų x.xxx., Xxxxšxxų xxx., Xxxėxų x.
header_1 Declared Owned
Farming land34.91 ha10.00 ha
20232022
Revenue 45,904.00 € 35,533.00 €
Net profit 26,926.00 € 12,790.00 €
Equity ratio 75.5% -
Project description
Documents
Payment schedule

With this project, we invite you to invest in the development of a rapidly growing dairy farm.

The farmer started farming in August 2019, the farm was started from scratch and having only two cows. The farmer works on 34.91 hectares of land, of which 10 hectares, according to him, are personal property. Currently, he has about 15 cows and a cheese factory where various products are made from the milk obtained from the farm. The farmer transports the produced dairy products to customers living in the surrounding areas.

The farm equipment park consists of:
Combine harvester Laverda 3560; Case MXU 135 and MTZ-80 tractors; Haying technique; Fodder preparation machinery and other implements.

The loan is needed for working capital and investments. The farmer is planning to buy a new seeder.

The farmer has one active loan and several successfully repaid loans on the HF platform.

Join this project and help develop this promising farm, while ensuring its growth and success.

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.