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.

LT0003305

Goal
25,000 €
Raised
25,000 €
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
Ūxxxxxxxx (-ė) Xxxxxxxx Xxxxxxxxx
Šxxxų x. Xxxxxxxx Xxxxxxxčxx xxx. Xxxxxxxšxxx x 47
header_1
Declared
Owned
Dirbama žemė179.58 ha21.00 ha
20242023
Revenue 304,527.00 € 349,546.00 €
Net profit 80,793.00 € 27,316.00 €
Equity ratio 3.77% -
Project description
Documents
Payment schedule
Farm Overview
A cereal farm has been operating in the Šakiai district since 2018, growing wheat, rapeseed, and other agricultural crops. The total cultivated arable land amounts to 179.58 hectares, of which 21 hectares are owned by the farm.
The farm applies no-till farming practices, which help optimize costs, improve soil structure, and ensure sustainable agricultural operations in the long term.

Machinery and Technical Base
The farm’s technical base includes a combine harvester, a tractor, a seed drill, a sprayer, a trailer, and other cultivation implements. This machinery allows the farmer to carry out all key agricultural operations independently and on time throughout the season.

Purpose of Financing
The farmer has applied to InSoil for a loan to increase working capital and prepare for the upcoming spring season, ensuring smooth and uninterrupted farm operations.
It should be noted that this is not the farmer’s first project on the InSoil platform. Since 2023, three loan agreements have been concluded, one of which is currently active. All loan obligations are being fulfilled on time and without issues.

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.