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.

PL0000771

Goal
35,760 €
Raised
35,760 €
100%
Return rate
From 12.6%
Rating
B
Period
36
Time left
LTV
67%
Country
Lenkija
Loan purpose
Apyvartinio kapitalo padidinimui
Business information
Security measures
Loan history
Project owner Address
Xxxxł Xxxxx
Xxxxxxóx 16-300
header_1 Declared Owned
Farming land92.00 ha12.00 ha
20212020
Revenue 26,670.00 € 16,085.00 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule
Rafał started his business in 2018. He is a milk producer and bred cows. Farm number is PL 061764755003. Rafał has 12 ha of land owned and 80 ha of land rents . Farmer uses equipment to develop his company as well. There are harvester Rostselmash, tractor Kubota, etc. Farmer bought extra cows and increased his production of milk. By the way, he cultivates cereals to feed his cows. He sells cereals also .Basically Rafał farm located in Augustów place. Majority of the biggest milk producers are located there also.
Active loans balance: €0
Active loan number: None

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.