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.
LT0000749
Project owner | Address |
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header_1 | Declared | Owned |
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Dirbama žemė | 501.43 ha | 380.82 ha |
2021 | 2020 | |
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Revenue | 645,001.00 € | 711,078.00 € |
Net profit | 172,646.00 € | 157,854.00 € |
Equity ratio | 52.64% | - |
About the project
With this project, we invite you to invest in the development of a Lithuanian farm established in 2004.
The farm currently declares over 500 ha of land of which 380 ha is owned, the land is located in Alytaus district where various crop such as wheat, oilseed rape and beans are being grown.
Recently the entrepreneur has been focusing on upgrading its machinery fleet and moving towards a direct seeding technology. The farmer is convinced that this is the key success in order to double the cultivation efficiency and save up to 40% of fuel.
One of the key components is the use of a combing machine, which the farmer is planning to purchase from the received loan amount. This loan will be secured by a pledge of his own combine.
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.