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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.
LT0002077
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Dirbama žemė | 177.07 ha | 110.00 ha |
| 2023 | 2022 | |
|---|---|---|
| Revenue | 112,458.00 € | 134,676.00 € |
| Net profit | 78,139.00 € | 71,630.00 € |
| Equity ratio | 41.24% | - |
Documents
Payment schedule
Starting with beef cattle and waterfowl (geese, ducks), the farm has built up its own customer base, which has ensured its growth up to the current stage.
Last year, the farm declared 177 ha of working land, of which 100 ha is its own. In addition, the farm has about 40 ha of land which has been acquired as abandoned and requires reclamation. Also, the farm has newly concluded contracts for the rental of 30 ha of working land.
The farm has successfully completed an NMA investment project and has purchased new machinery not only for grain production but also for feed production. In the coming years, it is planned to double the amount of working land and the number of livestock kept.
The loan will be used for land milling and cultivation (reclamation), for the purchase of seed and for the purchase of breeding cattle.
Join us in helping to further develop this promising farm while ensuring its growth and development.
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.