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.
PL0002222
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Dirbama žemė | 200.00 ha | 31.50 ha |
| 2023 | 2022 | |
|---|---|---|
| Revenue | 830,390.96 € | 872,142.28 € |
| Net profit | - | - |
| Equity ratio | - | - |
Documents
Payment schedule
The farmer has operated the farm since 1989, when he started it by himself, since then he expanded his farm to 200ha of which he owns 31,5ha. On the farm he is engaged in crop production and breeding beef cattle. He works independently and seasonally employs workers. His sowing structure consists of 90 ha of corn and 60 ha of wheat. His herd consists of 161 milking cows, 22 calving heifers, 30 heifers to be calved and around 40 calves and heifers. On the farm he uses machinery such as:
- FENDT tractor (9636)- 2009
- ARION tractor (600)- 2013
- JOHN DEERE Tractor (6330)- 2010
- BRANDT trailer 2018
- MAGNUM STRAUTMANN trailer 2023
- PICHON spreader 16 ton 2022
In the next 3 years, the farmer plans to regularly expand the herd, working with his son, they have over 400 cattle between them. The main goal is to build a new highly advance barn for the whole herd.
The loan is to be used to refinance his loans with HF and pay invoices for feed and fertilizers. The value of the collateral may change slightly as an appraisal is being prepared, we expect it to increase, while setting the most likely minimal value as collateral.
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.