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.

LT0003031

Goal
35,000 €
Raised
31,451 €
89%
Return rate
11.5%
Rating
A
Period
48
Time left
LTV
25%
Country
Lithuania
Loan purpose
Equipment purchase
Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxė Xxxxxxxxė
Xxxxxxxų x., Xxėxxxxxx xxx., Šxxxxėx x. xxx.
header_1 Declared Owned
Farming land30.22 ha26.74 ha
20242023
Revenue 46,696.00 € 49,002.00 €
Net profit 14,684.00 € 16,929.00 €
Equity ratio 36.4% -

Investment calculator

Pick one of the suggested or type in your own amount to see interest rate and preliminary earnings.
Interest

11.5%

Preliminary earnings

0.00 €

Important:
The calculator provided is preliminary and the projected earnings are determined based on the preliminary principal repayment schedule.
Interest rates:
Investing from 100 € - 11.5%
Project description
Documents
Payment schedule
The farmer is engaged in agricultural activities in Šilalė district, where she operates a livestock farm. Currently, the farm manages 30.22 ha of land, of which 26.74 ha are owned.

The farm is equipped with various machinery that ensures continuity and efficiency of operations. The asset list includes a tractor, baler, mowers, cultivator, front loader, manure spreader, bale wrapper, trailer, and other agricultural implements. In addition to machinery, the farm also owns production buildings such as a barn and utility structures. This asset base reflects a stable and well-equipped farming operation.

The loan is intended for the acquisition of a new tractor with the support of the National Paying Agency (NMA), which will enable the farm to modernize its machinery fleet, increase productivity, and ensure more efficient growth of operations.

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.