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.

LT0003048

Goal
35,000 €
Raised
0 €
0%
Return rate
13%

Rating
B

Period
38

Time left

LTV
88%

Country
Lithuania

Loan purpose
Land purchase

Business information
Security measures
Loan history
Project owner
Address
Ūxxxxxxxx (-ė) Xxxxx Xxxxxxxxx
Xxxxxxxų x. xxx., Xxxxxxxų xxxxxx xxx., Xxxxxxxxx, Xxxžxxxxx x.
header_1
Declared
Owned
Dirbama žemė122.41 ha28.00 ha
20242023
Revenue 271,273.00 € 179,029.00 €
Net profit 58,574.00 € 75,638.00 €
Equity ratio 24.05% -
Project description
Documents
Payment schedule

The project owner brings more than a decade of experience in cereal cultivation, having dedicated his entire farming career to this sector. Today, the farm’s main focus is on wheat and oilseed rape, which occupy the majority of the land. The remaining 10% is allocated to peas and barley, ensuring crop diversification and stability.

The farm is managed directly by the owner, who possesses nearly all of the machinery required for independent and efficient operations, including a tractor, combine harvester, sprayer, fertilizer spreader, plough, cultivator, and other essential implements. This high level of mechanization reduces operating costs and provides flexibility in farm management.

Committed to modern, sustainable practices, the farmer employs no-till  farming methods that improve soil health and reduce environmental impact.

The loan will be secured by a mortgage on farmland, providing investors with strong collateral. The farmer currently manages 122.41 hectares of declared land, of which 22.01 hectares are fully owned.

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.