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.

LT0001535

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

Rating
B

Period
30

Time left

LTV
-

Country
Lithuania

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner Address
Xxxxxxxxxx Xxxxūxxx
Xxxžų x., Xxxxxėxxx xxx., Xxxxžxxxxxx, Xxšxx x 2
header_1 Declared Owned
Farming land16.16 ha5.03 ha
20222021
Revenue 10,648.51 € 7,906.21 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule

This project invites you to invest in a livestock farm.

The farmer declares 16.16 hectares of land in Biržai of which 5,03 ha belong to him. The farm has 24 beef and dairy cattle and 20 beehives. 1.5 hectares of farmland are forested.

The machinery fleet consists of two tractors, a windrower and a hay mower. The farmer is borrowing EUR 5 000 for the purchase of small farm machinery as part of this project.

The farmer is currently benefiting from a loan LT0000266 of EUR 5 500 granted by HF, with a balance of EUR 1 854,21, which he is paying on time, but this balance will be covered by a new loan - according to the farmer, he does not want to have too many debts.


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.