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.

LT0003072

Goal
58,000 €
Raised
0 €
0%
Return rate
13%
Rating
B
Period
50
Time left
LTV
50%
Country
Lithuania
Loan purpose
Equipment purchase
Business information
Security measures
Loan history
Project owner
Address
Xxxxxx Xxxxxxx Xxxxšxx
Xxxxxėžxx x., Ūxxx xx., Ūxxx x 50
header_1
Declared
Owned
Farming land61.02 ha10.04 ha
20242023
Revenue 59,334.00 € 51,481.00 €
Net profit 7,634.00 € 19,434.00 €
Equity ratio 52.73% -
Project description
Documents
Payment schedule
The crop farm was established in Ūta in 2021 and is engaged in the cultivation of cereals, including wheat, rapeseed, barley, and other field crops. The farming activities are carried out by a single farmer, who combines his agricultural work with wage employment outside the farm, ensuring additional financial stability.
The farmer already possesses a tractor with necessary implements for soil cultivation and crop management. To further modernize operations and improve efficiency, an application for financing has been submitted to InSoil under the NMA-supported project, with the purpose of purchasing additional agricultural equipment.
The farm manages a total land area of 61.02 hectares, of which 10.04 hectares are owned farmland. 

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.