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.

LT0003076

Goal
15,000 €
Raised
15,000 €
100%
Return rate
12%
Rating
B+
Period
36
Time left
LTV
-
Country
Lietuva
Loan purpose
Apyvartinio kapitalo padidinimui
Business information
Security measures
Loan history
Project owner
Address
XxxxxXxxx XX, XX, Xxxxxė Šxxxxxxxxxxxė
Žxxxūxų x. 86-30, Xxxxxxxx x., Xxxxxxxx x. xxx.
header_1
Declared
Owned
Farming land0.00 ha0.00 ha
20252024
Revenue 42,755.00 € 13,656.00 €
Net profit 33,241.00 € -660.00 €
Equity ratio 57.69% -
Project description
Documents
Payment schedule
ExtraMile – oficialus keturračių (ATV) atstovas Lietuvoje, tiesiogiai bendradarbiaujantis su gamintojų atstovybėmis. Įmonė specializuojasi naujų keturračių prekyboje ir jų techniniame aptarnavime.
Įmonės pagrindinės veiklos sritys:
Prekyba: naujų keturračių pardavimas.
Servisas: pilnas techninis aptarnavimas ir remontas.
Garantinis aptarnavimas: oficialių gamintojų garantinių įsipareigojimų vykdymas.
Atsarginės dalys: originalių dalių ir priedų tiekimas.
Šiuo metu ExtraMile planuoja plėsti savo pardavimų ir aptarnavimo veiklą. Siekdama pasiūlyti platesnį produktų asortimentą ir sustiprinti pozicijas rinkoje, įmonė ketina užsakyti naujausius keturračių modelius. Dėl šių planų įgyvendinimo ExtraMile kreipėsi į InSoil dėl finansavimo.

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.