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.

LT0003397

Goal
25,000 €
Raised
25,000 €
100%
Return rate
12%
Rating
A+
Period
10
Time left
LTV
-
Country
Lithuania
Loan purpose
Equipment purchase
Business information
Security measures
Loan history
Project owner
Address
XXX XXXXXXXX, Xxxxxxxx Xxxxčxūxxx
Xėxų x. 7, Xxxžxxxxxx Xxxšėx x., Xxxxxxxx x.
header_1
Declared
Owned
Farming land0.00 ha0.00 ha
20252024
Revenue 173,000.00 € 106,642.00 €
Net profit 58,524.00 € 51,432.00 €
Equity ratio 31% -
Project description
Documents
Payment schedule
Project Summary
The project belongs to UAB Forentus, an agricultural service company operating in the Vilnius district since 2017. The company provides a broad range of agricultural services to farmers. The requested financing is intended for the acquisition of an additional tractor in order to strengthen the technical fleet and expand service capacity.

Company Overview
UAB Forentus was established in 2017 in the Vilnius district. The company employs 3 staff members. Its core activity is the provision of agricultural services to farmers, focusing on efficient and timely execution of agricultural works.

Operating Model
The company provides a wide spectrum of agricultural services, from soil preparation to harvesting. Services are delivered using modern machinery, with operations organized according to clients’ needs and seasonal requirements. The company’s fleet includes all necessary equipment for performing agricultural works.

Ownership and Responsibility
The company is fully owned by a single individual, who will provide a personal guarantee for the company’s loan. This means the owner assumes personal responsibility for fulfilling financial obligations.

Financing Purpose
The requested funds will be used for the purchase of an additional tractor. The investment is aimed at strengthening the technical fleet and increasing operational capacity.

Conclusion
The project represents an operating agricultural services company with a defined business model and a clear investment objective. The financing purpose is directly linked to business expansion and enhancement of technical capabilities.

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.