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.

LT0001580

Goal
11,000 €
Raised
11,000 €
100%
Return rate
13%
Rating
B
Period
14
Time left
LTV
-
Country
Lietuva
Loan purpose
Apyvartinio kapitalo padidinimui
Business information
Security measures
Loan history
Project owner Address
Xxxxxxxxx Xxxxxxxx
Xxxxxxxšxxx xxx. Xxxxxxxxxxx xx
header_1 Declared Owned
Farming land119.03 ha22.00 ha
20222021
Revenue 160,420.00 € 89,380.00 €
Net profit 60,734.00 € 21,362.00 €
Equity ratio 22.28% -
Project description
Documents
Payment schedule
Projekto savininkas, turintis ilgametę patirtį, Vilkaviškio rajone augina įvairias grūdines kultūras: kviečius, rapsus, avižas. Ūkininkas rūpinasi dirvožemio derlingumu, dalydamasis ir keisdamasis žeme su sūnumi. Didžiąją dalį savo produkcijos ūkininkas parduoda Agrokoncernui.

Pasak projekto savininko, ūkis aprūpintas visais reikalingais padargais. Technikos parką sudaro: kombainas, įvairių tipų kultivatoriai, plūgai, 4 traktoriai, purkštuvai, trąšų įranga, priekabos ir kiti smulkesni padargai. Projekto savininkas stengiasi nuolat atnaujinti techniką ir ūkyje diegti moderniausias technologijas. Šiam tikslui pasiekti jis jau anksčiau yra gavęs Europos Sąjungos paramą.

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.