Create an account to make your first investment in only few steps!
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.
PL0000531
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 48.00 ha | 28.00 ha |
| 2021 | 2020 | |
|---|---|---|
| Revenue | 45,946.00 € | 74,619.00 € |
| Net profit | - | - |
| Equity ratio | - | - |
Documents
Payment schedule
About the project
The owner of the project has many years of experience working in agriculture. He works 48 ha of land in Rachanie, Poland where he mainly focuses on crop cultivation and animal breeding. He is also a supplier for the local sugar factory.
During the last three years the farmer has managed to increase his land by 3 ha. The owner of the project uses modern farm equipment - 2 Claas and 1 Zetor tractors, 2 harvesters and other machinery necessary to maintain the farm. One of the harvesters is meant for beet harvesting.
Now the farmer is borrowing 23 390 € in order to increase the working capital to use for next season preparations. The loan will be secured by a pledge on 2,4 ha of land.The project owner owns 60 ha of land and rents additional 55 ha.
Annual interest
- Investing from €100 - interest 11,5%
- Investing from €500 - interest 12,3%
- Investing from €1,000 - interest 13%
- Investing from €2,000 - interest 13,2%
- Investing from €5,000 - 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.