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.

LT0003220

Goal
20,000 €
Raised
20,000 €
100%
Return rate
12%
Rating
A+
Period
36
Time left
LTV
-
Country
Lithuania
Loan purpose
Refinancing
Business information
Security measures
Loan history
Project owner
Address
Xxxxxx Xxxx Xxxxxxxxxxxxxx
Šxxčxxxxxų x. xxx., Šxxčxxxxxų xxx., Šxxčxxxxxxx, X. Xxxxxxxxxx x. 20-13, 17000
header_1
Declared
Owned
Farming land80.08 ha15.28 ha
20242023
Revenue 23,075.62 € 44,667.42 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule

The farmer, who began agricultural activities in 2021, currently cultivates 80.08 hectares of land, of which 15.28 hectares are owned. The farm is focused on crop production, growing buckwheat, rye, and oats, which ensures a diverse and market-relevant range of agricultural products. In addition to grain crops, the farmer also grows blackcurrants, further diversifying operations and expanding income sources.

The farm’s machinery base includes all essential equipment required for the cultivation, maintenance, and harvesting of grain crops. The available machinery enables the farmer to independently perform all key agricultural operations and maintain a stable production process throughout the season.

The farm is currently securing financing for refinancing purposes, aiming to optimise existing financial obligations, reduce financing costs, and improve cash-flow management. This will strengthen operational stability and support sustainable farm development in the upcoming period.

A clearly structured production model, an established base of owned land, and a well-developed machinery fleet provide a solid foundation for the farm’s continued growth and long-term development.

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.