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.

LT0003132

Goal
67,300 €
Raised
67,300 €
100%
Return rate
9.5%
Rating
B+
Period
14
Time left
LTV
89%
Country
Lithuania
Loan purpose
Equipment purchase
Business information
Security measures
Loan history
Project owner Address
Ūxxxxxxxx (-ė) Xxxxxx Xxxxxxxx
Xxxų x. 16, Šxxxxė, Šxxxxėx xxxxxx xxx., Šxxxxėx x. xxx. 75135
header_1 Declared Owned
Dirbama žemė95.49 ha52.85 ha
20242023
Revenue 129,260.00 € 68,889.00 €
Net profit 2,870.00 € 39,602.00 €
Equity ratio 73.54% -
Project description
Documents
Payment schedule
The farmer has been operating a crop farm in the Šilalė district since 2007 and currently manages 95.49 hectares of land, of which 52.85 hectares are owned.
Farming is a family activity – her husband and son are also active farmers, each managing approximately 100 hectares of land. Altogether, the family cultivates around 300 hectares of arable land, ensuring a well-structured and diversified agricultural operation.

The farm primarily grows winter and spring wheat, rapeseed, beans, and other cereal crops.
Its machinery fleet includes three tractors, a combine harvester, a seeder, a sprayer, cultivators, and other essential equipment, enabling efficient and independent fieldwork throughout the agricultural season.

According to the latest financial results, in 2024 the farm generated €129,260 in annual revenue and €2,870 in net profit, while in 2023 revenues reached €68,889 with a €39,602 net profit.
The equity ratio stood at 95.22% in 2023 and 93.79% in 2024 (prior to the new loan), reflecting a strong financial foundation and low leverage level.

The farmer is seeking a loan for the acquisition of a trailer and additional equipment, aiming to strengthen the farm’s technical capacity, increase productivity, and optimize production costs.

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.