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.

LT0002954

Goal
11,000 €
Raised
11,000 €
100%
Return rate
14.5%
Rating
B
Period
28
Time left
LTV
-
Country
Lithuania
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxxxxx Xxxxxxxx
Xxxxxxxų x., Šxxxxėx x.
header_1 Declared Owned
Farming land37.00 ha0.00 ha
20242023
Revenue 37,437.00 € 37,547.00 €
Net profit 26,130.00 € 33,182.00 €
Equity ratio 93.65% -
Project description
Documents
Payment schedule
Since 2023, the farmer has been operating a farm in the Šilutė district and currently manages 37 hectares of land. The farm is engaged in livestock and dairy farming.

The machinery fleet includes mowing equipment, a tractor with a front loader, a round baler, a livestock trailer, a mower, a manure spreader, a plow, a cultivator, and a disc harrow.

The loan is intended to strengthen the farm’s working capital – covering equipment repairs, fuel, and feed purchases. This financing will ensure smooth day-to-day operations and effective preparation for seasonal work

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.