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.

LT0002862

Goal
22,000 €
Raised
22,000 €
100%
Return rate
12%
Rating
A+
Period
36
Time left
LTV
-
Country
Lithuania
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxčxxxxx Xxxčxx
Xxxxėx x. xxx., Xxxxčxų xxx.
header_1 Declared Owned
Farming land67.99 ha30.00 ha
20242023
Revenue 88,963.00 € 62,974.00 €
Net profit 39,215.00 € 11,390.00 €
Equity ratio 76.93% -
Project description
Documents
Payment schedule
The farm was established 27 years ago in the Kelmė district. It is a mixed farm, currently raising 78 animals, including 43 dairy cows and 35 young cattle. Around 1 ton of milk is produced daily. The farm also cultivates grain crops such as oats, wheat, and corn, following crop rotation practices and growing cover crops. Most of the grain production is used for internal needs – primarily for animal feed. The farm declares 68 hectares of land, of which 30 hectares are owned. It operates with 2 tractors, a combine harvester, and other machinery. The funds are needed for seasonal preparations, mainly 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.