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.

LT0003190

Goal
15,000 €
Raised
15,000 €
100%
Return rate
12%
Rating
B+
Period
12
Time left
LTV
-
Country
Lithuania
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner Address
XX Xxxxxx, Xxxxxxxx Xxxxxxx
Xxxxxxx x. 11-5, Xxxxxxxx x., Xxxėxxx x.
header_1 Declared Owned
Farming land0.00 ha0.00 ha
20242023
Revenue 295,750.00 € 239,170.00 €
Net profit 4,802.00 € 3,766.00 €
Equity ratio 30.55% -
Project description
Documents
Payment schedule
General Information
MB Lukema was established in 2021 in the Varėna District, specializing in international freight transport. The company employs 5 staff members, with its registered address at Vytauto g. 11-5, Perloja, Varėna.​

Operations and Services
The fleet consists of 3 trucks and 2 semi-trailers. MB Lukema focuses on transporting a variety of cargo to EU countries, working under long-term contracts with customers. Both full and partial loads are shipped using standard semi-trailers, with main routes covering Western and Central Europe.​

Ownership and Management
MB Lukema is a privately held company with a single individual shareholder, who acts as a personal guarantor and pledges personal assets to secure loans.​

Additional Activities
In addition to managing the logistics company, the owner also works at the Perloja branch of the Varėna District Fire Rescue Service and, since 2015, operates a family farm, currently declaring 118 hectares (25 ha in private ownership). All areas are managed under ecological farming practices, growing mainly winter wheat, oats, peas, and buckwheat.

Financials and Investment Purpose
The requested loan will be used to cover fuel expenses – as fuel is purchased monthly, but client payments are typically received only 30–60 days after logistics services are rendered. Financing will enable the company to better manage its working capital needs during this cycle.

Summary
MB Lukema is a flexible and responsible company providing reliable freight transport services across EU countries. Investor confidence is further strengthened by the owner’s personal guarantee, multi-faceted business activities, and prudent financial management.

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.