Create an account to make your first investment in only few steps!
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.
LT0003146
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 204.52 ha | 197.00 ha |
| 2024 | 2023 | |
|---|---|---|
| Revenue | 93,909.00 € | 104,209.00 € |
| Net profit | 115,673.00 € | 885.00 € |
| Equity ratio | 66.57% | - |
Documents
Payment schedule
The farm was established in 2005 in Šalčininkai district and currently declares 204.52 hectares of cultivated land, of which 197 hectares are privately owned. The farm is mixed: livestock accounts for 80% of income, and crop production for the remaining 20%. The main livestock activity is beef cattle farming, with 50 Charolais crossbred beef animals. Crop production includes oats, vetch, triticale, rye, and maize, with part of the harvest sold and part used as cattle feed.
No-till farming methods are implemented, and all machinery is modern and fully adapted for sustainable technologies. Alongside operates the spouse’s farm, which declares 100 hectares and raises approximately 100 Charolais crossbred beef animals. Together, the family manages more than 300 hectares of land, of which 200 hectares are privately owned, and raises about 150 head of Charolais crossbred beef cattle. Funding is required for SEB bank loan refinancing (~€26,000 outstanding) and an additional €30,000 for working capital to ensure a successful season completion.
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.