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.

LT0001530

Goal
5,000 €
Raised
5,000 €
100%
Return rate
15%

Rating
B

Period
4

Time left

LTV
-

Country
Lithuania

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner Address
XXX "XXXXXX XXXXXXXX", Xxxxx Xxšxxxxxxxxxė
Xxxxxxxx x., Xxxxxxxxų xxx., Xxxxšxxxxx x.
header_1 Declared Owned
Dirbama žemė669.17 ha36.60 ha
20222021
Revenue 746,527.00 € 561,767.00 €
Net profit 54,759.00 € 7,600.00 €
Equity ratio 18.34% -
Project description
Documents
Payment schedule
With this project, we invite you to invest in the development of a Lithuanian capital company. Established eleven years ago, UAB Verslo Valstija currently operates on about 670 ha of land (with 440 ha enrolled in carbon farming program) and has created over 17 jobs for the region's population. The farm is intensively engaged in crop production, growing cereals such as wheat, rape and barley. Biofuel production and storage services are also provided, accounting for around 10% of the company's turnover.

Recently, the company has been focusing on modernising and upgrading its machinery fleet. The company's management is convinced that this is the key to success in order to harvest a higher tonnage of grain per hectare. The company's machinery fleet consists of several different tractors, a combine harvester, a sowing machine, a cultivator, a telehandler and other equipment necessary for its operations. This loan will be used to increase company's working capital to prepare for harvesting season (fuel).

UAB Verslo Valstija has already fully repaid 6 loans in total of 190 000 €. Investors have earned over 140 000 € of interest from total customers exposure.

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.