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.
LT0002936
Project owner | Address |
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header_1 | Declared | Owned |
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Farming land | 568.22 ha | 251.00 ha |
2024 | 2023 | |
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Revenue | 1,180,535.00 € | 1,023,492.00 € |
Net profit | 59,147.00 € | 81,071.00 € |
Equity ratio | 2.68% | - |
The farm began its operations 18 years ago and currently operates in the Kėdainiai and Raseiniai districts. The farmer declares a total crop area of 568 hectares, of which 251 hectares are owned.
The farm cultivates a variety of cereal and legume crops, including winter and spring wheat (~242 ha), winter rapeseed (~194 ha), winter and spring barley (~80 ha), field beans (~31 ha), and potatoes (~20 ha). Additionally, the farmer has long-standing experience in growing sugar beets and is equipped to provide sugar beet harvesting, cleaning, loading, and transportation services to other farms.
In 2024–2025 season, the farmer made significant investments exceeding 500k € in the construction of grain cleaning, drying, and storage facilities. The farm applies crop rotation, grows cover crops, and uses no-till farming methods.
The funds are needed to prepare for the harvesting season, primarily to cover fuel costs.
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.