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.

LT0002996

Goal
15,600 €
Raised
15,600 €
100%
Return rate
12%
Rating
B+
Period
45
Time left
LTV
34%
Country
Lithuania
Loan purpose
Equipment purchase
Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxxx Žxxxx
Šxxxxėx x. xxx., Xxxxų xxx., Xxxxxčxxx
header_1 Declared Owned
Farming land262.47 ha35.21 ha
20242023
Revenue 550,568.00 € 449,470.00 €
Net profit 178,504.00 € 160,107.00 €
Equity ratio 62.54% -
Project description
Documents
Payment schedule
The farmer, operating in the Šilutė district since 2017, manages a mixed-profile farm – cultivating wheat, rapeseed, peas, and beans, as well as raising beef cattle.

Currently, the farm manages 262.47 hectares of land, of which 35.21 hectares are owned. Part of the produce is used to feed the cattle, while the rest is sold on the market. Most of the fodder is produced in-house, which helps optimize costs and reduce dependency on external suppliers.

The farm is equipped with modern Western agricultural machinery – including a relatively new combine harvester, three tractors, trailers, and other necessary equipment, enabling independent and efficient farm operations.

The farm is managed individually, with family members assisting when needed.

The loan funds will be used for the acquisition of agricultural machinery, as part of an investment project partially financed by the National Paying Agency (NMA).

Additional note on repayment structure:
While loans under standard terms require monthly interest payments, this loan has been structured to reflect the seasonal cash flow of the farm. As the borrower operates in agriculture, income is concentrated during specific times of the year. Therefore, interest payments are scheduled according to the revenue cycle rather than fixed monthly intervals.

To ensure investor returns are protected, the borrower is not permitted to repay the loan early without covering the full amount of interest for the entire loan term. This condition safeguards the expected yield for investors, regardless of when the principal is repaid.
The preliminary repayment schedule can be found in documents section.

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.