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.

LT0002675

Goal
15,000 €
Raised
11,223 €
74%
Return rate
13%

Rating
B+

Period
9

Time left

LTV
-

Country
Lithuania

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner Address
Xxxxxxxxxx Xxxxxxxxxx Xxxxxxxxx Xxxxxxxxx
Xxxxxxxų x., Xxxxxxxxx xxx., Xxxxūxxx
header_1 Declared Owned
Farming land401.42 ha65.54 ha
20242023
Revenue 500,100.00 € 403,755.00 €
Net profit 125,916.00 € 14,142.00 €
Equity ratio 33.53% -

Investment calculator

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

13%

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%
Project description
Documents
Payment schedule

The project owner has been farming for more than ten years and since he started farming his crop area has grown from 16 to 401 hectares. The farm grows oilseed rape, barley and wheat, which make up the bulk of the harvest. The project owner manages the farm with the help of two employees.

The farmer has all the machinery needed for the farm, but rents additional machinery during the season. This year the project owner purchased a warehouse so that he can now store and sell his harvest at better prices. This year, part of the machinery fleet was also renewed. In the future, the farmer plans to improve the tillage model by integrating direct sowing and reducing farm costs.

The farmer is currently seeking a loan for working capital.

Declared area: 401.42 ha, of which 65,54 ha belong to the farmer.

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.