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.

LT0002841

Goal
20,000 €
Raised
20,000 €
100%
Return rate
12%

Rating
A

Period
31

Time left

LTV
-

Country
Lithuania

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner Address
Xxxx xxxx xxxėx, ŽŪX, Xxxx Xxxxšxxxė
Xxxxxxxčxų x.1, Xxxxxxxčxxx, Xxxxėx x.
header_1 Declared Owned
Farming land497.31 ha300.00 ha
20242023
Revenue 782,267.00 € 810,926.00 €
Net profit 18,374.00 € 57,602.00 €
Equity ratio 36.46% -
Project description
Documents
Payment schedule

We invite you to invest in a loan for a grain farm. The company started its operations in 2018 in Kelmė district. It declares 497 hectares of land, out of which 300 hectares are owned.

The farm grows grain crops such as rapeseed, wheat, malting barley, and broad beans. It practices crop rotation and cultivates cover crops.

The farm operates with 3 tractors, 2 combine harvesters, and other equipment suited for sustainable no-till farming.  The farm employs 6 full-time workers and also provides agri-services, mainly sowing, fertilizing, spraying, soil cultivation, and harvesting.

The funds will be used for seasonal preparation, primarily for fuel and fertilizers.


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.