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.

LT0003020

Goal
16,500 €
Raised
16,500 €
100%
Return rate
14%

Rating
C+

Period
40

Time left

LTV
84%

Country
Lithuania

Loan purpose
Equipment purchase

Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxx Xxxxxxxxx
Xxxxėxxx, Xxxxšxxx x.
header_1 Declared Owned
Farming land38.38 ha15.00 ha
20242023
Revenue 9,926.00 € 2,896.00 €
Net profit 9,306.00 € 2,276.00 €
Equity ratio 58.53% -
Project description
Documents
Payment schedule

The farm is located in the Rokiškis district and currently declares 38.38 ha of land, of which 15 ha are owned. The farm specialises in crop production, focusing on the cultivation of cereals such as wheat, oats, peas and potatoes. All fields are declared in accordance with current support schemes, applying good agricultural and environmental practices, crop rotation, no-till technology and cover cropping.

Farming activities are coordinated together with the husband, whose separate mixed farm covers 150 ha, including both crop production and livestock – about 100 beef cattle, and 50 ha of owned land. The family partnership model enables efficient use of shared resources, equipment and labour, expands the farming scale and competitiveness, and ensures reliable growth and financial stability.

The project owner aims to acquire an articulated loader with the support of the National Paying Agency, which will optimise forage and crop storage and handling processes, facilitate daily operations, and improve working conditions and safety. This investment will strengthen the family farm’s position in the region, open up opportunities for more efficient farming, and safeguard investor funds and long-term growth prospects.

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.