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.

PL0002308

Goal
18,500 €
Raised
18,500 €
100%
Return rate
15%
Rating
B
Period
48
Time left
LTV
50%
Country
Poland
Loan purpose
Investment to increase production
Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxxxxx
Xxxxxx Xxxx 43, 87-335 Śxxxxxxxxxxx
header_1 Declared Owned
Farming land16.00 ha10.08 ha
20232022
Revenue 44,555.56 € 36,487.23 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule
The farmer has been farming since 2011, when he took over the farm from his parents, since then he has increased his farm to 16ha and owns 10ha. On the farm he is involved in crop production and cattle breeding. He works independently on the farm. His sowing structure consists of 4.2ha of rye, 1.1ha of triticale, 7.3ha of corn and the rest is grassland. His herd consists of 13 dairy cows, 12 heifers and 18 beef cattle. The farmer plans to expand his beef and dairy herd regularly - he plans to double the number of dairy cows and buy at least 10 head of beef cattle. For the moment, he wants to fill all the remaining space in the barn, then he will plan to modernise and enlarge the building. The farmer plans to modernise the farm. Because of this, he wants to start buying new farm machinery to increase work efficiency and reduce costs. The loan is to be used to purchase as many cattle as possible and, if successful, a tractor.

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.