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.

PL0003412

Goal
94,900 €
Raised
94,900 €
100%
Return rate
12%
Rating
B+
Period
38
Time left
LTV
50%
Country
Lenkija
Loan purpose
Technikos įsigijimui
Business information
Security measures
Loan history
Project owner
Address
Ūxxxxxxxx (-ė) Xxxxxxxxx Xxxxążx
Xxxxxx 62, 78-111 Xxxxxxxx Xxxxxxx
header_1
Declared
Owned
Dirbama žemė143.00 ha103.00 ha
20252024
Revenue 159,714.25 € 172,956.52 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule
The farmer has been running his farm since 1983, when he purchased his first 17 hectares of land. Since then, by gradually expanding his farm, he has managed to increase its size to 143 hectares, of which 103 hectares are his property. He works on the farm with his wife and son, and they are involved in both crop production and laying hen farming. His crop structure consists of 60 hectares of winter wheat, 23 hectares of winter barley, 35 hectares of oats, and 25 hectares of edible peas. The flock currently consists of 600 laying hens. The farmer uses the following machines on his farm: FENDT combine harvester 2016 FERGUSON tractor 2020 SKY AGRI cultivator 2017 Ferguson tractor 2011 MEPU 205K grain dryer 2011 The farmer has two goals for the coming years: to increase his acreage by purchasing 40 hectares of land and to expand his flock by 400 hens. In addition, he plans to modernize his buildings. The loan funds will be used to purchase a ROLEX BTHC 500 disc harrow, as well as certified organic lime and fertilizer.
Active loans balance: Collateralized - € 0 Uncollateralized - € 0
Active loans total: € 0

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.