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.

PL0002258

Goal
77,000 €
Raised
75,169 €
97%
Return rate
up to 13.9%

Rating
A

Period
48

Time left

LTV
50%

Country
Poland

Loan purpose
Farm buildings purchase/construction

Business information
Security measures
Loan history
Project owner Address
Xxxxxxx Xxxxxxx
Xxxxxxxxxxx xxxxxxxx 55, 26-010 Xxxxxxxxx
header_1 Declared Owned
Farming land112.50 ha98.00 ha
20232022
Revenue 246,524.15 € 175,070.00 €
Net profit 107,381.00 € 70,918.00 €
Equity ratio - -

Investment calculator

Pick one of the suggested or type in your own amount to see interest rate and preliminary earnings.
Interest

11.7%

Preliminary earnings

0.00 €

Important:
The calculator provided is preliminary and the projected earnings are determined based on the preliminary principal repayment schedule.

Interest rates:
Investing from 100 € - 11.7% Investing from 500 € - 12.4% Investing from 1,000 € - 12.7% Investing from 2,000 € - 13% Investing from 5,000 € - 13.2% Investing from 10,000 € - 13.4% Investing from 20,000 € - 13.9%
Project description
Documents
Payment schedule

The farmer has been farming since 2011, when he took over 29ha from his parents. Since then, he has managed to expand the farm to 112.5ha of which he owns 98ha. On the farm he works independently and is engaged in crop production and sheep farming. His sowing structure is 10ha of soybeans, 2.5ha of sorghum, 31ha of corn, 19ha of alfalfa, and the rest is grassland. His livestock consists of 300 mother sheep and 340 ewe lambs.

On the farm he uses machinery such as:

  • NEW HOLLAND tractor 2014
  • NEW HOLLAND front-end loader 2014
  • NEW HOLLAND tractor 2011
  • NEW HOLLAND tractor 2009
  • POTTINGER trailer 2014
  • POTTINGER rake 2014
  • KUHN maize drill 2014
  • JOSKIN manure spreader 2019
  • POTTINGER rake 2019
  • POTTINGER disc harrow 2019

The farmer's most important goal at the moment is to build a biogas plant. He has already obtained development conditions and approval for connection to the gas network. It is to be a new-generation biogas plant producing biomethane and connected to the surrounding gas network in the municipality. He has obtained a 50% subsidy to build his biogas plant, and construction is scheduled to be completed by the end of next year. The construction of this biogas plant will allow the farmer to increase his annual income by about €250,000. The farmer needs funds for down payments for construction and the purchase of inputs. New appraisal report is in the making, although values of the property are correct and won't change. 

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.