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.

LV0001029

Goal
11,000 €
Raised
11,000 €
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 "XX Xxxxņxx", Xxxx Xāxxx Xxxxxxxx
Xxxxxx xxx., Xxxxxx xxx., "Xxīxxxšx", XX-3891
header_1
Declared
Owned
Dirbama žemė600.00 ha200.00 ha
20222021
Revenue 429,423.00 € 440,604.00 €
Net profit 198,583.00 € 24,030.00 €
Equity ratio 18.36% -
Project description
Documents
Payment schedule
SIA "ER Rasiņas" pradėjo ūkininkauti 1995 m. Daugiau nei 27 metų patirtį turinti bendrovė dirba kaip grūdų augintoja Saldus rajone.

Šiuo metu bendras valdomas plotas siekia 600 ha, trečdalis valdomo ploto priklauso bendrovei. Technikos parką sudaro visa reikalinga įranga: 2 traktoriai, kombainas, sėjamoji, purkštuvas, barstytuvas, diskai, plūgas ir kt.

Per pastaruosius kelerius metus bendrovė gavo daugiau kaip 420 000 EUR pajamų. Be to, per 2022 m. 9 mėnesius įmonė jau užsitikrino 429 423 € pajamų.

Dabar bendrovė skolinasi 11 000 €, siekdama padengti avansinį mokėjimą kitų metų žemės nuomos mokesčiui užtikrinti.

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.