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.
LT0003047
Project owner | Address |
---|---|
header_1 | Declared | Owned |
---|---|---|
Dirbama žemė | 33.09 ha | 3.10 ha |
2024 | 2023 | |
---|---|---|
Revenue | 32,113.00 € | 35,061.00 € |
Net profit | 16,278.00 € | 20,012.00 € |
Equity ratio | 76.47% | - |
In 2017, a modern beef cattle farm was established in the Alytus district, starting with 11 head of horned beef cattle. Since then, the farm has steadily expanded its operations and today manages a total of 40 hectares of family farmland, 33.09 hectares of which are officially declared, with 3.1 hectares under direct ownership.
To support efficient operations, the farm has already invested in key agricultural machinery, including a tractor and fodder harvesting equipment, ensuring independence and cost-effectiveness in daily work.
The farmer is now seeking a working capital loan through the Insoil community to strengthen operations and expand productivity.
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.