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.

LT0002207

Goal
45,000 €
Raised
45,000 €
100%
Return rate
From 13.3%

Rating
C

Period
43

Time left

LTV
52%

Country
Lithuania

Loan purpose
Refinancing

Business information
Security measures
Loan history
Project owner Address
Xxxxxxx Xxxxxxxxxxė
Xxxxxxxxx x., Xxxxxžxxčxx xxx., Xxxxėx x. xxx.
header_1 Declared Owned
Farming land44.00 ha33.00 ha
20232022
Revenue 16,887.93 € 21,355.02 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule

We invite you to invest in a mixed family farm operating in the Kelmė district since 2018.

The farm specializes in growing cereals and livestock farming. Currently, the farm cultivates about 44 hectares of land, of which 33 hectares, according to the farmer, are privately owned. The farmer works together with her son, who recently joined the farm's activities but now works full-time, helping to develop the farm.

The farm's equipment includes two tractors, a combine harvester, and other necessary machinery to ensure effective field management and high crop quality.

The loan funds will be used for loan refinancing and increasing working capital, aiming to ensure the farm's operational efficiency and sustainable growth.

Join this project and help further develop this farm, ensuring its growth and success.

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.