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.

LV0001222

Goal
19,000 €
Raised
19,000 €
100%
Return rate
13.5%
Rating
B+
Period
48
Time left
LTV
69%
Country
Latvija
Loan purpose
Apyvartinio kapitalo padidinimui
Business information
Security measures
Loan history
Project owner
Address
Xxxxxx Xxxxx Xxxxxxxx
Xxxxx xxxxxx, Xxxxxxxxx xxxxxxx, Xxxxxxxx , Xxxxxxx - 15
header_1
Declared
Owned
Farming land100.00 ha0.00 ha
20212020
Revenue 68,064.00 € 54,091.00 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule

Verslininkas žemės ūkio versle dirba nuo 2009 m. Šiuo metu jo ūkio teritorija užima 100 hektarų plotą, su kuriuo jis yra sudaręs ilgalaikę nuomos sutartį.


Daugiausia dėmesio skiria grūdų auginimui, iš kurių 10 hektarų užsėjo žieminiais rapsais, 25 hektarus žieminių kviečių ir 20 hektarų žieminių miežių. Ūkininkas taip pat planuoja apsėti 14 hektarų vasarinių kviečių, o likusį plotą apsėti vasariniais miežiais.

Šios paskolos tikslas - padengti įrangos remonto išlaidas ir įsigyti dar vieną purkštuvą ir barstytuvą. Verslininkas siūlo savo gyvenamąjį butą kaip užstatą paskolai 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.