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.
LT0003157
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 236.97 ha | 117.96 ha |
| 2024 | 2023 | |
|---|---|---|
| Revenue | 212,681.00 € | 230,535.00 € |
| Net profit | -27,233.00 € | -17,859.00 € |
| Equity ratio | 8.32% | - |
Documents
Payment schedule
General Information
The farm was established 31 years ago in the Šakiai District. It operates using 3 tractors, a combine harvester, and other equipment suitable for sustainable no-till farming practices.
Farm Activities
The farm declares 236 hectares of land, of which 117 hectares are privately owned. It grows grain crops such as rapeseed, wheat, barley, fava beans, and peas. The farmer applies crop rotation principles and cultivates cover crops to maintain soil fertility and minimize environmental impact.
Workforce and Structure
The farm employs 1.5 full-time workers responsible for production and maintenance tasks according to seasonal demand.
Financial Situation
In 2024, a net loss was recorded due to poor crop quality and natural disasters. However, after accounting for long-term asset depreciation, the cash flow remained positive at €9,007.
Purpose of Investment
The requested financing will be used as working capital to ensure the successful completion of the farming season and to maintain operational continuity.
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.