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.

LT0002751

Goal
14,300 €
Raised
14,300 €
100%
Return rate
14%

Rating
B+

Period
32

Time left
Closed

LTV
-

Country
Lithuania

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxxx Xxxxxxxx
Xxxxščxxxx x., Xxxxšxxx xxxxxšxxxx xxx. Xxxxšxxx xxxxxx xxx.
header_1 Declared Owned
Farming land226.22 ha55.00 ha
20242023
Revenue 312,040.00 € 251,163.00 €
Net profit 145,679.00 € 15,078.00 €
Equity ratio 61.11% -
Project description
Documents
Payment schedule

We invite you to invest in a mixed organic dairy farm that is successfully operating and expanding in the Rokiškis district. Established in 2020, the farm specializes in raising dairy cows and selling raw milk to dairy processors, as well as growing grain crops such as buckwheat, rapeseed, wheat, and others. Currently, the farm manages 226.22 hectares of land, of which 55 hectares are privately owned. The farm also includes a 600 sq. m. dairy cow barn, staff accommodations, and other farm buildings.

This farm is the first in the Rokiškis district to implement a fully robotic milking system. At present, it houses more than 50 milking cows and about 40 heifers. In addition to livestock farming, the farm cultivates corn, sweet lupins, peas, wheat, rapeseed, oats, and buckwheat. Its main buyers include AB Rokiškio Sūris, UAB Utenos Mėsa, UAB Raskafas, AB Linas Agro, and AB Agrokoncernas, while its key suppliers are UAB RVAC, UAB Baltic Agro, UAB Ekko LT, AB Linas Agro, UAB CircleK, and UAB Velseka.

The farm operates with modern machinery, including New Holland, Fendt, and Case IH tractors, a Kverneland seed drill, mower, and rake, a Palms trailer, Laumetris and Vaschieri manure spreaders, a Siloking feed mixer, and two milking robots with all necessary equipment.

The loan funds are intended for working capital. Join this project and contribute to the development of a promising farm, ensuring its continued 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.