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.

PL0002285

Goal
49,031 €
Raised
9,027 €
18%
Return rate
up to 14.7%
Rating
B+
Period
48
Time left
LTV
61%
Country
Poland
Loan purpose
Refinancing
Business information
Security measures
Loan history
Project owner Address
Xxxxł Xxxxxxxxxx
Łxxxxx 59, 76-242 Łxxxxx
header_1 Declared Owned
Farming land440.00 ha35.00 ha
20232022
Revenue 574,949.00 € 588,204.00 €
Net profit - -
Equity ratio - -

Investment calculator

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

12.6%

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 € - 12.6% Investing from 500 € - 13.3% Investing from 1,000 € - 13.6% Investing from 2,000 € - 14.1% Investing from 5,000 € - 14.3% Investing from 10,000 € - 14.7%
Project description
Documents
Payment schedule

The farmer has been farming since 2011, when he took over 15ha from his parents. Since then he has managed to expand the farm to 440ha of which he owns 35ha. He has 2 permanent employees on the farm and is engaged in crop production, with a sowing structure of 100ha of rapeseed, 50ha of wheat, 130ha of rye and 160ha of potatoes. On the farm he uses machinery such as:

  • CASE tractor 2012
  • CASE tractor 2014
  • CASE tractor 2015
  • CASE tractor 2018
  • NEW HOLLAND combine harvester 2010
  • AVR potato harvester 2017
  • CASE telehandler 2016
  • KUHN thicker 2019
  • GASPARDO subsoiler 2014
  • GASPARDO sprayer 2016

The farmer is in the process of changing his potato production sales to direct sales. In April of this year, he applied for potato processing, which will allow him to wash and pack his production himself, thus skipping the middlemen in sales which will significantly increase his profitability. All the infrastructure is already prepared for this, and he should receive a positive decision within the next three months. Funds from the loan will be used to refinance a CASE telehandler.

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.