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.

LT0001359

Goal
17,500 €
Raised
17,500 €
100%
Return rate
13%

Rating
B+

Period
20

Time left

LTV
90%

Country
Lithuania

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxčxxxxx Xxxxxxxxxx
Xxxxxų xxxx., Xxxxxxšxxų xxxxxxxxx., Xxxxšxėx xxx.
header_1 Declared Owned
Farming land255.91 ha95.26 ha
20222021
Revenue 199,131.00 € 183,366.00 €
Net profit 103,368.00 € 6,285.00 €
Equity ratio 55.94% -
Project description
Documents
Payment schedule

This project invites you to invest in the development of a Lithuanian organic farm based on the rearing of Limousin beef cattle and the production of meat products, established in 2004. The farmer has only recently started rearing beef cattle, having previously been a dairy farmer. Currently, more than 200 beef cattle graze freely. The farm is sustainable and its products are produced without colourings, flavour enhancers and preservatives. Meat products are sold to buyers in the surrounding area and on the farm's website


The farm's fleet of heavy machinery includes several tractors, feed preparation equipment, an excavator and ploughing equipment.

Currently €17 500 is needed to develop the farm. For future expansion plans, the owner of the project aims to expand the customer base and provide products to cafes and restaurants. The loan will be secured by a mortgage on 4 plots of land. 

The declared land area is 255.91 ha of which 95.26 ha belongs to the project owner.

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.