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.

LT0002999

Goal
20,000 €
Raised
20,000 €
100%
Return rate
15%

Rating
A+

Period
6

Time left

LTV
-

Country
Lithuania

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxx Xxxxxxxxx
Xxxxxx x. 58, Xxxxxxx, Xxxxxxxxx x.
header_1 Declared Owned
Farming land355.54 ha130.00 ha
20242023
Revenue 455,696.00 € 358,750.00 €
Net profit 167,171.00 € 204,516.00 €
Equity ratio 42.1% -
Project description
Documents
Payment schedule

The farm was established in 2013 in Kretinga district. The declared land area is 355.54 ha, with 130 ha owned by the farmer. The largest share of the farm’s crop structure is winter wheat (about 61% of the area) and beans (about 24%). The remaining area is used for the cultivation of peas, clover, winter rapeseed, spring wheat, oats, spring barley, alfalfa, and other crops. All fields are managed using no-till farming, crop rotation, and cover crops, ensuring soil health, long-term productivity, and sustainability.

Farming operations are carried out jointly with the father-in-law, who has a separate farm – in total, the family declares around 700 ha of land (including about 200 ha of privately owned land). Farm management relies on close family cooperation, efficient use of human and technical resources, and steady growth.

The current investment sought is working capital for the purchase of fertilizers and certified seeds for autumn sowing, ensuring the high-quality establishment of winter crops and strong productivity potential for the upcoming season.

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.