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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.
LT0003041
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 18.59 ha | 28.00 ha |
| 2024 | 2023 | |
|---|---|---|
| Revenue | 44,901.00 € | 50,619.00 € |
| Net profit | 33,970.00 € | 21,822.00 € |
| Equity ratio | 53.47% | - |
Documents
Payment schedule
The farm is located in Klaipėda district and has been officially registered since 2006. Currently, 18.59 hectares are declared, but the privately owned land covers 28 hectares, part of which is declared under the wife’s farm. Agricultural activities are run as a family business and consist of integrated berry farming, mainly strawberries and raspberries, cultivated together across all owned land.
The farm applies modern berry-growing technologies, crop rotation, and invests annually in soil quality and ecological production. All declarations comply with support and GAAB requirements, and farming practices focus on sustainability, using only certified seeds and registered crop protection products.
The objective of this investment project is to install full perimeter fencing according to the latest National Paying Agency requirements. Fencing will ensure that berry crops are protected from wildlife and unauthorised access, enhance the safety and security of farming 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.