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.

LV0001027

Goal
3,900 €
Raised
3,900 €
100%
Return rate
15%
Rating
B
Period
25
Time left
LTV
-
Country
Latvija
Loan purpose
Apyvartinio kapitalo padidinimui
Business information
Security measures
Loan history
Project owner Address
XXX "Xxxxļx Xxxx", Xxxxxx Xxxxxxx
Xxxxxxxx xxx., Xxēxxx xxx., "Xxxxļx", XX-3008
header_1 Declared Owned
Farming land28.00 ha20.00 ha
20212020
Revenue 21,477.00 € 11,484.00 €
Net profit 3,152.00 € 1,403.00 €
Equity ratio 26.73% -
Project description
Documents
Payment schedule
Bendrovė "Upmaļi Agro" buvo įsteigta 2019 m. pabaigoje, o jos pagrindinė veikla - grūdinių kultūrų ir daržovių auginimas. Šiandien bendrovės valdomas plotas yra 28 hektarai, iš kurių 20 hektarų priklauso nuosavybės teise.

Šiuo metu pasėta 15 hektarų žieminių kviečių, 5 hektarai žieminių rapsų ir 0,5 hektaro žieminių česnakų. Planuojama pasėti dar 6 hektarus vasarinių kviečių.



Bendrovės technikos parką sudaro 2 traktoriai, plūgas, lėkštės, kultivatorius, 2 grūdų priekabos, purkštuvas, barstytuvas ir kita smulkesnė įranga. Šiuo metu vienintelė reikalinga įranga, kurios nėra, yra kombainas, kuris nuomojamas kūlimo laikotarpiui.

Dabar "Upmaļi Agro" siekia pasiskolinti 3 900 EUR, kad galėtų užbaigti grūdų sandėlio statybą.

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.