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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.
LT0003095
Project owner | Address |
|---|---|
header_1 | Declared | Owned |
|---|---|---|
| Farming land | 53.04 ha | 17.00 ha |
| 2024 | 2023 | |
|---|---|---|
| Revenue | 107,704.00 € | 160,378.00 € |
| Net profit | 2,167.00 € | 17,857.00 € |
| Equity ratio | 21.21% | - |
Documents
Payment schedule
For more than two decades, a crop farm in the Biržai district has been cultivating rapeseed, winter wheat, barley, and oats.
The farm manages 53.04 ha of land, of which 17 ha are owned by the farmer. Together with his son, they operate more than 100 ha of farmland.
The machinery fleet includes tractors, a seeder, a loader, a combine harvester, and a tipper truck with a manipulator. This year, a new seeder was purchased, which will accelerate sowing and enable a full transition to no-till farming technology.
The farmer is reaching out to the Insoil investor community, seeking a €15,000 loan to refinance LT0002324. Due to low grain purchase prices, timely repayment was not possible.
Over the past two years, the farmer has fully repaid four loans, demonstrating financial reliability and responsibility.
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.