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.

LT0003052

Goal
37,500 €
Raised
27,855 €
74%
Return rate
13%
Rating
B+
Period
50
Time left
LTV
49%
Country
Lithuania
Loan purpose
Equipment purchase
Business information
Security measures
Loan history
Project owner Address
Xxxxxxx Xxxxxxx
Šxxxxxxų x., Čxxxxšxxx xxx., Xxxxxxxx
header_1 Declared Owned
Farming land8.63 ha5.60 ha
20242023
Revenue 165,191.00 € 91,340.00 €
Net profit 57,466.00 € 10,219.00 €
Equity ratio 38.7% -

Investment calculator

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

13%

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 € - 13%
Project description
Documents
Payment schedule
InSoil invites you to invest in a loan for a farm in the Širvintos district.
The farmer established a strawberry farm in 2015. During the first year of operations, 1.5 ha of land were declared; however, as the business expanded, 8.63 ha of arable land are currently declared. Today, the farm grows not only strawberries but also 1,200 blueberry bushes.

Since weather conditions in Lithuania are not always favorable for berry farming, in 2021 the farmer moved strawberry production into greenhouses and has since been developing a modern berry farm under cover.

The farmer has approached InSoil to implement another NMA project, planning to acquire equipment for processing non-standard strawberries with the intention to freeze and freeze-dry the berries. To secure the loan, the purchased equipment will be pledged.

Currently, the farmer has active collateralized loans with a total balance of €165,000.

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.