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.

LT0001987

Goal
45,000 €
Raised
45,000 €
100%
Return rate
From 10.6%
Rating
B
Period
30
Time left
LTV
74%
Country
Lietuva
Loan purpose
Apyvartinio kapitalo padidinimui
Business information
Security measures
Loan history
Project owner
Address
Xxxxxxxx Xxxxxxxx
Šxxxxxxų x., Xxxxxxų xxx., Xxxxxxxx 7
header_1
Declared
Owned
Farming land485.34 ha77.69 ha
20232022
Revenue 502,884.00 € 354,610.00 €
Net profit 7,316.00 € 9,753.00 €
Equity ratio 19.6% -
Project description
Documents
Payment schedule
Nuo 2014 m. Širvintų rajone verslininkas valdo 485,34 ha augalininkystės ūkį, iš kurių 77,69 ha priklauso jam nuosavybės teise. Iš viso šeimos ūkis Širvintų rajone užima daugiau kaip 900 ha.

Jis sėja rapsus, kviečius ir kitas kultūras. Žemės ūkio naujovėmis besidomintis verslininkas savo žemę dirba beariminiu būdu, taupydamas energiją ir didindamas humuso kiekį dirvožemyje.

Šiuo metu verslininkas savo ūkyje naudoja kombainą, tris traktorius ir kitus padargus, kurie buvo įsigyti už ES lėšas. Dabar jis planuoja iš Nyderlandų nusipirkti dar vieną traktorių, kuris labai reikalingas jos besiplečiančiam ūkiui.

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.