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.

LV0001185

Goal
14,350 €
Raised
14,350 €
100%
Return rate
14%
Rating
B
Period
36
Time left
LTV
70%
Country
Latvija
Loan purpose
Technikos įsigijimui
Business information
Security measures
Loan history
Project owner
Address
X/X Xxxīxxx, Xēxxxxx Xxxīxxx
Xēxx xxx., Xxxxxxx xxx., Xxxxxx, Xxxxx xxxx, XX-4151
header_1
Declared
Owned
Farming land90.00 ha90.00 ha
20212020
Revenue 16,912.00 € 39,447.00 €
Net profit -2,662.00 € 22.00 €
Equity ratio 99.33% -
Project description
Documents
Payment schedule
Pēteris Eglītis pradėjo ūkininkauti 1992 m., šiandien jis valdo 90 hektarų nuosavos žemės, iš kurių 30 hektarų sudaro miškas. 

Turi dideles dirbtuves, kuriose dirba 15 žmonių, teikiančių tokias paslaugas kaip tekinimas, technikos remontas ir kt. kitiems aplinkiniams ūkiams. Verslininkas taip pat užsiima žvyro karjero veikla.

Jis turi įvairios įrangos veiklai vykdyti, jo mašinų parką sudaro ekskavatorius, 3 buldozeriai, 3 traktoriai, kelios priekabos ir daug kitų.


Dabar projekto savininkas ieško papildomų 14 350 EUR, kad galėtų įsigyti furgoną ūkio reikmėms. Paskola bus užtikrinta transporto priemonės įkeitimu, todėl LTV sudarys 70 %.

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.