Create an account to make your first investment in only few steps!
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.
LT0001573
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 169.44 ha | 61.06 ha |
| 2022 | 2021 | |
|---|---|---|
| Revenue | 611,539.00 € | 364,714.00 € |
| Net profit | 69,674.00 € | 28,037.00 € |
| Equity ratio | 61.34% | - |
Documents
Payment schedule
The farmer has a breeding farm that was established in 2014. Before that he has been in the business for a long time in Denmark. The first breeding cattle came from Denmark. The farm has 199 Angus breeding cattle and this year the farm added 61 more youngsters. The cattle are fed on the farm and 70 hectares are used for crop production. According to the farmer, breeding is much more profitable than industrial beef cattle farming.
The farmer currently has one active loan on the HF platform, with a balance of EUR 60 570,44 and makes payments on time. At this point in time, the farmer wants to borrow EUR 15 000 for working capital, which will be used to purchase animal feed.
Only the best specialists work on the farm. The main equipment used are three Claas tractors, all the forage preparation equipment, tractor trailers, slurry wagons.
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.