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.

PL0002292

Goal
38,659 €
Raised
38,659 €
100%
Return rate
From 13.6%

Rating
B

Period
48

Time left

LTV
59%

Country
Poland

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxx
Xxxxxxxxx 161, 87-408
header_1 Declared Owned
Farming land100.00 ha39.37 ha
20232022
Revenue 193,575.01 € 191,672.42 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule

The farmer took over his parents' 1.9ha farm in 2010. Since then, he has managed to expand the farm to 100ha of which he owns 39.37ha. The farmer runs the farm jointly with his wife, and they are engaged in crop production and raising beef cattle and fattening pigs. Their sowing structure consists of 15ha of spring barley, 20ha of triticale, 40ha of wheat, 20ha of corn and 5ha of alfalfa. The herd at the moment consists of 150 head of fattening cattle and 100 head of porkers.

On the farm they use machinery such as:

  • 3x JOHN DEERE tractor
  • AMAZONE cultivating and seeding unit
  • CLAAS combine

The farmer is focused on further development of his farm - this year alone he expanded his farm by 1ha of property and 27ha of leases. The main goal is to increase the fattening cattle herd by 50%. The fattening stock will be kept at the same level, and over the next 5 years the farmers plans to gradually buy the currently leased land into ownership. The fattening pigs numbers will be kept at the same level. 

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.