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.

LT0002695

Goal
15,000 €
Raised
15,000 €
100%
Return rate
14.5%

Rating
B

Period
31

Time left

LTV
-

Country
Lithuania

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner Address
Xxx xxxxxx, XXX, Xxxxxxxx Xxxčxxxxxxė
Xxxxxų x. 27, Xxšxxxxxų x., Xxxxxxšxxų xxx.
header_1 Declared Owned
Farming land18.68 ha18.68 ha
20242023
Revenue 54,452.00 € 16,992.00 €
Net profit 35,605.00 € -34,655.00 €
Equity ratio -1% -
Project description
Documents
Payment schedule

We invite you to invest in UAB "Eco Laikas" – an ambitious and fast-growing farm aiming to become the largest hazelnut producer in Lithuania.

Established at the end of 2020, the company currently cultivates hazelnuts on 12.42 hectares of privately owned land. Committed to continuous growth, UAB "Eco Laikas" actively seeks partnerships in both Lithuania and Europe to expand its operations and enhance export opportunities.

The company's main goal is not only to grow high-quality hazelnuts but also to optimize farming processes by implementing modern technologies that reduce costs and improve efficiency. While currently using standard farming equipment, the company is constantly exploring innovative solutions to improve operations.

UAB "Eco Laikas" is now borrowing for working capital to ensure stable business development and future expansion.

Join this project and become a part of this growing enterprise! 🌰🌿

Keep in mind that the 2024 financial statement includes data from Q1 to Q2.

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.