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.

PL0000417

Goal
22,345 €
Raised
22,345 €
100%
Return rate
From 12%

Rating
C

Period
36

Time left

LTV
70%

Country
Poland

Loan purpose
Investment to increase production

Business information
Security measures
Loan history
Project owner Address
Xxxxxxxxx Xxxxxxxxxxx
Xęś 192, 21-205 Xxxłxń
header_1 Declared Owned
Dirbama žemė11.50 ha4.30 ha
Revenue
Net profit
Equity ratio
Project description
Documents
Payment schedule

We invite you to learn more about the agricultural situation and trends in Poland in this article. We briefly presented why financing solutions are of particular interest to farmers in this country.

About the project

An experienced businessman has been farming for 25 years, where pigs are grown. A part of 11,5 hectares of farmland is dedicated to crops since some of the fodder for pigs is grown on the farm. The farm annually earns 65.000 € from selling pigs to one of the biggest producers of meat in Poland.

The project owner owns plenty of agricultural equipment for all the necessary work on the farm. The farm’s technical fleet consists of two tractors, a rotary plough, a tilling set, a grain seeder, two-disc mounted fertilizer spreaders, a mounted tractor sprayer, a manure spreader, harrows, a potato planter, a potato digger, a front loader, and a trailer.

Now the project owner is borrowing to purchase more pigs and fodder for them.

Area of declared land: 11,5 hectares, from which 4,3 hectares are owned by the project owner.

Annual interest

  • Investing from 100 € - interest 12,0%
  • Investing from 500 € - interest 12,8%
  • Investing from 1.000 € - interest 13,5%
  • Investing from 2.000 € - interest 13,7%
  • Investing from 5.000 € - interest 14,0%

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.