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.
LT0003075
Project owner | Address |
---|---|
header_1 | Declared | Owned |
---|---|---|
Dirbama žemė | 81.37 ha | 40.53 ha |
2024 | 2023 | |
---|---|---|
Revenue | 66,758.00 € | 62,089.00 € |
Net profit | 12,227.00 € | 6,064.00 € |
Equity ratio | 42.11% | - |
A family farm that has been successfully operating for more than a decade in the Skuodas district currently cultivates 81.37 ha of land, of which 40.53 ha are owned.
The farm grows a variety of crops, including wheat, rapeseed, oats, and triticale. In addition to crop production, the farmer is also engaged in livestock farming, raising both beef and dairy cattle. The farm is equipped with the necessary machinery – two tractors, a combine harvester, mowing equipment, and other implements that ensure efficient operations.
The purpose of the loan is the refinancing of existing liabilities, which will help balance cash flows, optimize the repayment schedule, and ensure the smooth ongoing development of the farm. The farmer is a reliable member of the InSoil community, with a solid credit history and a track record of repaying loans ahead of schedule.
Join us in supporting this promising farm, ensuring its financial stability and long-term growth.
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.