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.

PL0002331

Goal
78,152 €
Raised
71,579 €
91%
Return rate
From 12.2%

Rating
B+

Period
36

Time left

LTV
50%

Country
Poland

Loan purpose
Investment to increase production

Business information
Security measures
Loan history
Project owner Address
Xxxxxxxxxxxx Xxxxx Xxxxxxxxx Xxxxxxxx
Xxxxxx 7, 18-413 Xxxxxxxxxx
header_1 Declared Owned
Farming land194.00 ha34.00 ha
20232022
Revenue 414,095.00 € 316,258.00 €
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

12.2%

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 € - 12.2% Investing from 500 € - 12.9% Investing from 1,000 € - 13.2% Investing from 2,000 € - 13.5% Investing from 5,000 € - 13.7% Investing from 10,000 € - 13.9% Investing from 20,000 € - 14.4%
Project description
Documents
Payment schedule

The farmer took over his parents' 18ha farm in 2006. Since then, he has expanded his farm to 194ha of which he owns 34ha. He runs the farm together with his wife and children and they are engaged in crop farming and cattle breeding. On the farm, the farmer has planted 70ha of corn, 60ha of wheat, and 64ha are meadows. His livestock consists of 120 dairy cows, 33 bulls, 50 heifers and 42 calves.

On the farm he uses machinery such as:

  • NEW HOLLAND tractor T4030 - 2013
  • NEW HOLLAND tractor T6 155 - 2018
  • NEW HOLLAND tractor T5 140 - 2020
  • NEW HOLLAND tractor T7 270 - 2022
  • VALTRA tractor N103 - 2014

The loan funds are to be used to purchase 30 heifers. The farmer is focusing on expanding his herd, as this is now his main source of income. In the next 3 years he plans to double the number of his milk cows in order to increase his revenue.

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.