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.

BG0001610

Goal
51,538 €
Raised
0 €
0%
Return rate
From 12.1%
Rating
B
Period
36
Time left
LTV
50%
Country
Bulgarija
Loan purpose
Technikos įsigijimui
Business information
Security measures
Loan history
Project owner
Address
Xxxxxxxxx Xxxxxxxxx
xxxxxxx xx Xxxxxxx,Xxxxxxx,Xxxxxxxx xxxxxxxxxxxx, Xxxxxxx xxxxxx.
header_1
Declared
Owned
Farming land17.66 ha0.00 ha
20222021
Revenue 137,537.52 € 61,866.32 €
Net profit 10,737.13 € -
Equity ratio 9.95% -
Project description
Documents
Payment schedule
Vajlet Agro was incorporated in 2020 as a family-owned company. Their main activity is the cultivation of vegetables and strawberries. Now the company has won an EU sub-measure to buy new equipment and needs the HF investor community to take a loan to cover part of the amount. The new machinery will improve and optimise the farming process. This is the company's first loan.
Active loans balance: Collateralized - € 0 Uncollateralized - € 0
Active loans total: € 0

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.