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.

LT0002692

Goal
7,500 €
Raised
7,500 €
100%
Return rate
12%

Rating
A

Period
9

Time left

LTV
-

Country
Lietuva

Loan purpose
Apyvartinio kapitalo padidinimui

Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxx Xxčxxx
Xxxxėx x. xxx., Šxxxėxų xxx., Xxxxxšxxxx
header_1 Declared Owned
Farming land179.90 ha110.00 ha
20242023
Revenue 980,146.00 € 873,732.00 €
Net profit 178,416.00 € 43,458.00 €
Equity ratio 22.8% -
Project description
Documents
Payment schedule
Skolininkas ūkininkauja jau 18 metų ir šiuo metu sėkmingai valdo 179,90 ha ūkį Kelmės rajone, iš kurių 110 ha priklauso jam. Ūkyje yra daugiau nei 100 pieninių galvijų, o raguočiai auginami moderniame ūkyje. Ūkininkas taip pat sėja javus ir kukurūzus.

Dabartinis ūkio sunkiosios technikos parkas susideda iš trijų traktorių, sėjamosios, kultivatoriaus, plūgo ir kitos derliaus nuėmimo įrangos.

HeavyFinance bendruomenė ūkininkui suteikė penkias paskolas, iš kurių dvi jau visiškai grąžintos.

Projekto savininkas dabar siekia gauti paskolą apyvartinėms lėšoms.

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.