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.

LT0001803

Goal
77,000 €
Raised
77,000 €
100%
Return rate
From 12.2%
Rating
B
Period
47
Time left
LTV
77%
Country
Lithuania
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner Address
Ūxxxxxxxx (-ė) Xxxxxxx Xxxxūxxx
Xxxxxėžxx x., Xxįxxxxx xxx., Xxxxšxėx x.
header_1 Declared Owned
Dirbama žemė523.47 ha23.61 ha
20222021
Revenue 881,905.00 € 502,499.00 €
Net profit 233,371.00 € 39,602.00 €
Equity ratio 23.67% -
Project description
Documents
Payment schedule

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The farm was established in 2018 in Panevėžys district, and today more than 500 ha of land is cultivated with wheat, rape and barley. The exact farmland size is 523,47 hectares of declared land of which 23,61 ha is owned. 

The farm is propagating no-till farming method, few years ago farmer built a grain silo with EU support. 

The farm has all the necessary equipment to cultivate the land: 2 tractors, a self-propelled sprayer, a combine harvester, a cultivator, a seeder, a dumper, a semi-trailer for transporting grain and other necessary equipment.

Now, project owner is borrowing 77 000 EUR to increase his working capital.

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.