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.

LT0003074

Goal
60,700 €
Raised
0 €
0%
Return rate
12%
Rating
A
Period
43
Time left
LTV
90%
Country
Lithuania
Loan purpose
Refinancing
Business information
Security measures
Loan history
Project owner
Address
Ūxxxxxxxx (-ė) Xxxxxxxx Xxxxxxxxxxxx
Xxxų x. 4, Xxxėčėxxx, Xxxxxxxxx xxx., Xxxxxxx x. xxx.
header_1
Declared
Owned
Dirbama žemė162.03 ha32.00 ha
20242023
Revenue 176,539.00 € 125,411.00 €
Net profit 30,667.00 € -20,533.00 €
Equity ratio 1.75% -
Project description
Documents
Payment schedule
The farmer, who began agricultural activity in 1991, currently manages 162.03 hectares of land, of which 32 hectares are owned. The farm is primarily focused on crop production, cultivating wheat along with spring and winter rapeseed. To diversify production and strengthen resilience against market fluctuations, the farmer also plans to introduce corn cultivation.

Agriculture is more than a business – it is a family tradition. Alongside the farmer’s activities, his daughter manages her own 67-hectare farm, cultivating cereals, rapeseed, and raising beef cattle. This generational involvement highlights the family’s deep-rooted commitment to farming and strengthens the sustainability of their agricultural future.

The farm is supported by a broad and modern fleet of machinery, ensuring efficient and reliable operations. The equipment includes 7 tractors, 2 combine harvesters, 6 tractor trailers, a germinator, a cultivator, 2 sprayers, a straw baler, a rake-turner, and a seeder. In addition, the farm’s infrastructure features 2 grain warehouses, a grain dryer, mechanical workshops, and garages. One warehouse also houses a straw pellet production line and a sawmill. Although pellet production is currently paused due to unfavorable market conditions, the farmer plans to expand operations with wood pellet production in the future.

The purpose of the loan is to refinance existing liabilities, helping to optimize cash flow and ensure the farm’s stable and sustainable development. It is important to note that the farmer has never missed a payment, demonstrating reliability and strong financial discipline.

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.