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.
PL0000464
Project owner | Address |
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header_1 | Declared | Owned |
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Farming land | 50.00 ha | 26.00 ha |
Revenue |
Net profit |
Equity ratio |
About the project
A farmer with 40 years of experience in agriculture runs a wide range of farming activities on a 56-hectare farm in Wolanów, Lubelskie region, Poland. 1,7 ha of the land is dedicated to rural tourism services. The rest of the land is used for livestock farming, while the remaining arable land is planted with wheat, rye, barley, oats and maize. The farmer also plans to start quarrying sand and clay, as certain parts of the area have favourable conditions for these activities.
The farm's technical fleet consists of a combine harvester, tractors, sowing equipment, a cultivator, fodder equipment and trailers.
In recent years, the farmer has increased the number of cattle kept by 50% and rented an additional 20 hectares. An additional cowshed has been built to accommodate the increase in the number of cattle. The farmer is now borrowing to buy more cattle and to start sand extraction, for which he has already obtained a licence.
Area of declared land: 50 hectares, from which 26 hectares are owned by the project owner.
Annual interest - 13,5%
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.