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.

LT0003134

Goal
10,000 €
Raised
10,000 €
100%
Return rate
12%

Rating
A

Period
35

Time left

LTV
-

Country
Lithuania

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner
Address
Xxxxxx Xxxxxxxxxx Xxxxxxx
Xxxxxxžxx x., Šxxxėxų xxx., Xxxxėx x.xxx
header_1
Declared
Owned
Farming land133.56 ha4.00 ha
20242023
Revenue 119,045.00 € 70,407.00 €
Net profit 13,450.00 € 2,611.00 €
Equity ratio 2.06% -
Project description
Documents
Payment schedule

The farm was established in 2010 in the Kelmė district and specializes in the cultivation of grain crops and dairy cattle. Currently, 133.56 hectares of land are declared, of which 4 hectares are privately owned. The farm grows wheat, rapeseed, and other grain crops, and keeps 20 dairy cows, which enables income diversification and efficient use of resources. The farm’s machinery fleet consists of reliable, high-performing equipment; fields are managed using no-till farming methods and crop rotation is practiced. The loan funds will be used for working capital needs to complete seasonal operations.

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.