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.

LT0002963

Goal
15,000 €
Raised
15,000 €
100%
Return rate
12%
Rating
B+
Period
4
Time left
LTV
-
Country
Lithuania
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxxx Xxxxxxxx
Xxxxšxxx x., Xxxxxxxšxxų x.
header_1 Declared Owned
Farming land511.43 ha279.93 ha
20242023
Revenue 693,766.00 € 549,705.00 €
Net profit 22,815.00 € 142,710.00 €
Equity ratio 33.64% -
Project description
Documents
Payment schedule
We invite to invest in a short-term working capital loan for a farmer who has been successfully operating for more than two decades.

The farmer began his activities in 2003 by leasing 16 hectares of land. Today, he declares 511.43 hectares of arable land, of which 279.93 hectares are owned. Looking to expand further, the farmer plans to acquire additional land through purchases and leases.

Since 2011, the farm has utilized minimum tillage technology, and in 2021, the farmer transitioned to a no-till farming system, contributing to soil preservation and more sustainable agricultural practices.

The farmer manages the farm alongside his family and employs an additional two workers. His fleet of machinery includes two tractors, a seeder, a trailer, a combine harvester, and a telescopic loader. The farm also owns a grain dryer and two storage warehouses for grain.

The farmer sells his harvest to companies such as AB “Linas Agro,” UAB “Skandagra,” UAB “Agrorodeo,” and UAB “Agrochema.”

This loan is intended to boost working capital ahead of the critical season, allowing the farmer flexibility to purchase necessary resources on time and ensuring the smooth operation of farm activities. The loan term is just 4 months, making it a fast, short-term financing solution.

By investing in this project, you support the continuity of a skilled farmer’s business and the development of sustainable agriculture in Lithuania.

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.