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.

LT0003078

Goal
15,000 €
Raised
15,000 €
100%
Return rate
13%
Rating
A
Period
36
Time left
LTV
-
Country
Lithuania
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner Address
Ūxxxxxxxx (-ė) Xxxxxxxx Xxxxxxxx
Xxxšxxxxxxų x., Xxxxxxxėx xxx., Xxxžxxxx, Xxxxxxų 12
header_1 Declared Owned
Dirbama žemė106.51 ha6.90 ha
20242023
Revenue 117,122.00 € 71,935.00 €
Net profit 31,660.00 € 9,721.00 €
Equity ratio 0.44% -
Project description
Documents
Payment schedule
In 2017, a crop farm was registered in the Kaišiadorys district, focusing exclusively on grain cultivation. The land is managed using modern no-till farming technologies. The farmer operates the farm independently, occasionally assisted by his brother, who also manages a crop farm. Currently, the total cultivated area amounts to 106.51 ha, of which 6.9 ha are owned.

The farm’s equipment includes a tractor, a combine harvester, and other machinery necessary for soil cultivation.

Since 2023, the farmer has been using Insoil financing. During this period, two loan agreements have been concluded, one of which has already been fully repaid. The farmer has now submitted an application for a new loan, which will be used to finance autumn fieldwork.

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.