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.
LT0002987
Project owner | Address |
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header_1 | Declared | Owned |
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Farming land | 16.40 ha | 9.20 ha |
2024 | 2023 | |
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Revenue | 22,740.00 € | 27,508.00 € |
Net profit | 1,904.00 € | 1,680.00 € |
Equity ratio | 77.04% | - |
The farm was established in 2014 in Vilkaviškis district. Currently declared land area is 16.40 ha, with 9.20 ha owned by the farm. Wheat forms the largest share of the crop portfolio, while rapeseed and barley are also cultivated; smaller amounts of oats and other crops required for rotation and soil fertility are grown as well. All areas are managed using no-till technologies, ensuring the preservation of soil quality and increasing long-term productivity.
Farming activities are organized on a family basis, making efficient use of both human and equipment resources. Guided by the principles of sustainable development, the farm steadily expands its operations. In order to increase the share of owned land and ensure lasting stability, the farm is planning expansion by purchasing an additional 2.50 ha of agricultural land.
The loan will be used to acquire this land plot, laying the groundwork for sustainable business growth, more efficient land use, and a long-term increase in farm value.
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.