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.

LT0003104

Goal
25,000 €
Raised
25,000 €
100%
Return rate
11%

Rating
A+

Period
26

Time left

LTV
-

Country
Lietuva

Loan purpose
Apyvartinio kapitalo padidinimui

Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxx Xxxčxūxxx
Xxxxxėx x., Xxxxxxxxx Xxxxxėx xxxxxšxxxx xxx., Xxxxxxxxxxx, Xxxxų x 23
header_1 Declared Owned
Farming land261.85 ha160.00 ha
20242023
Revenue 291,333.00 € 286,714.00 €
Net profit 241,986.00 € 128,635.00 €
Equity ratio 70.99% -
Project description
Documents
Payment schedule
2000 m. Akmenės rajone įkurtame ūkyje augina kviečius, žirnius, pupas ir kitus javus. Iš viso ūkininkas valdo 261,85 ha žemės, iš kurių 160 ha priklauso jam. Visus ūkio darbus jis atlieka naudodamas kelis traktorius, kombainą ir smulkesnius padargus. Ūkininkas kreipėsi į „Insoil“ dėl paskolos, kad padidintų savo apyvartinį kapitalą.

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.