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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.
LV0000252
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | - | - |
| Revenue |
| Net profit |
| Equity ratio |
Documents
Payment schedule
About the project
With this project, we invite you to invest in the expansion of the agricultural company’s technical fleet. „Lejas Jērāni'' is cultivating and selling crops - cereals and rapeseed are growing on 650 hectares of farmland. The current company's technical fleet consists of three John Deere tractors, two Claas combine harvesters, a seeder, and a sprayer. The company also owns a grain dryer and towers to store crops.
In winter, when it is a quiet period for agricultural activities, the company earns additional income by providing forest removal services, as well as providing seed cleaning services.
Now „Lejas Jērāni'' is seeking to acquire an additional tractor, therefore it is borrowing 52.000 € to implement this goal.
Area of declared land: 650 hectares, from which 400 hectares are owned by the project owner.
Loan to current asset value ratio - 39,07%.
Annual interest
- Investing from 100 € - interest 9,1%
- Investing from 500 € - interest 9,8%
- Investing from 1.000 € - interest 10,1%
- Investing from 2.000 € - interest 10,6%
- Investing from 5.000 € - interest 10,8%
- Investing from 10.000 € - interest 11,2%
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.