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.

LT0003348

Goal
17,000 €
Raised
5,811 €
34%
Return rate
14%
Rating
C+
Period
34
Time left
LTV
67%
Country
Lithuania
Loan purpose
Refinancing
Business information
Security measures
Loan history
Project owner
Address
Xxxxxx Šxxūxxx Xxxxxxxxxxx
Xxxšxxxxxxų x. xxx., Xxxxxxxxxų xxx., Šxxxšxėx
header_1
Declared
Owned
Farming land203.52 ha33.58 ha
20242023
Revenue 155,339.24 € 95,861.05 €
Net profit - -
Equity ratio - -

Investment calculator

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Interest

14%

Preliminary earnings

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Important:
The calculator provided is preliminary and the projected earnings are determined based on the preliminary principal repayment schedule.
Interest rates:
Investing from 100 € - 14%
Project description
Documents
Payment schedule
A mixed farm established in 2012 and located in the Kaišiadorys district is engaged in beef cattle farming (approximately 60 head of cattle) and crop production, including wheat, rapeseed, and other agricultural crops. The total cultivated land area amounts to 203.52 hectares, of which 33.58 hectares are owned by the farm. This scale ensures sufficient operating capacity and diversified income streams.

The farmer uses two tractors, a combine harvester, and other necessary equipment for land cultivation and forage preparation. Crop production is carried out using no-till technology, which helps optimize costs and supports more sustainable farming practices.

The farmer has applied to InSoil with a request to refinance existing loans. This need arose following a decision by the National Paying Agency (NMA) to postpone subsidy payments until April, which temporarily disrupted the farm’s cash flow. It should be noted that the farmer proactively initiated this request, fully acknowledging responsibility toward investors and seeking a transparent solution to the situation.

The proceeds of the new loan will be used to repay the existing loan LT0002750 and part of loan LT0002537 (approximately EUR 5,500). To secure the loan, a 5.92-hectare land plot with buildings will be pledged, with a total value of EUR 25,562 according to data from the Centre of Registers (LTV approximately 67%). In addition, the personal guarantee of the farmer’s spouse is provided. It is important to note that both the farmer and the spouse, in addition to farming activities, are employed in salaried positions, with combined annual income amounting to approximately EUR 189,000.

The farmer has been known on the InSoil platform since 2022. During this period, four loan agreements have been concluded, two of which have already been repaid in full. This demonstrates prior cooperation experience and the borrower’s efforts to meet financial obligations.

Considering that the current situation is temporary and related to delayed subsidy payments, along with the provided collateral, additional household income, and the borrower’s proactive engagement in addressing the issue, investors are asked to support the refinancing decision and assist the farm in stabilizing cash flows until the subsidies are received.

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.