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.

LT0002895

Goal
42,000 €
Raised
42,000 €
100%
Return rate
From 13.6%
Rating
C
Period
31
Time left
LTV
89%
Country
Lithuania
Loan purpose
Refinancing
Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxx Xxžxxxė
Šxxxxėx x. xxx., Žxxxxčxų Xxxxxxxčxx xxx., Šxxxxxxxčxxx
header_1 Declared Owned
Farming land79.06 ha15.51 ha
20242023
Revenue 54,149.00 € 60,734.00 €
Net profit 35,998.00 € 27,368.00 €
Equity ratio 64.42% -
Project description
Documents
Payment schedule
Since 2015, a well-established cattle farm has been operating in the Šilutė district, focusing on beef cattle breeding. The farmer manages 79.06 hectares of agricultural land, 15.51 hectares of which are privately owned.

The farm is fully equipped with all the necessary machinery to ensure efficient daily operations, including a combine harvester, tractor, seeder, sprayer, trailer, and other cultivation tools.

To improve financial flexibility and ensure more efficient management of existing obligations, the farmer is seeking a loan through the InSoil community. The funds will be used to refinance current liabilities. The loan will be secured with five pledged land plots.

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.