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.

LT0003036

Goal
38,300 €
Raised
20,075 €
52%
Return rate
12%

Rating
B+

Period
39

Time left

LTV
48%

Country
Lithuania

Loan purpose
Equipment purchase

Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxxxxxx Xxxxxxxxxxx
Xxxxxxėx x. xxx., Xxxxxxxx xxx., Xxxxxxx, Xxšxxxų x. 17,
header_1 Declared Owned
Farming land174.77 ha29.86 ha
20242023
Revenue 195,125.00 € 257,853.00 €
Net profit 65,687.00 € 62,558.00 €
Equity ratio -15.96% -

Investment calculator

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

12%

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 € - 12%
Project description
Documents
Payment schedule

The crop farm, established in 2013 in the Ukmergė district, cultivates cereals such as oats, wheat, buckwheat, peas, and others. The total arable area is 174.77 ha, of which 29.86 ha is owned. The land is farmed using direct seeding technology.

The farm’s machinery fleet consists of two tractors, a combine harvester, and other cultivation equipment, including harrows, a seeder, a fertilizer spreader, a sprayer, and a grain transport trailer, among others.

The farmer submitted a request for financing the purchase of a seeder. As collateral for the loan, he will pledge his own tractor, sprayer, and the seeder to be purchased.


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.