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.

LT0003414

Goal
53,000 €
Raised
53,000 €
100%
Return rate
10%
Rating
A+
Period
36
Time left
LTV
90%
Country
Lithuania
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner
Address
Xxxxxx Xxxxxxxx Xxčxx
Xxxxxxxų x. xxx., Xxxxxxxxx xxx., Xėxxxx, Xėxų x. 4
header_1
Declared
Owned
Farming land489.73 ha204.00 ha
20242023
Revenue 931,893.00 € 843,712.00 €
Net profit -9,723.00 € -97,859.00 €
Equity ratio 46.29% -
Project description
Documents
Payment schedule
Project Summary
The project belongs to a family-operated mixed farm located in the Raseiniai district, operating since 1998. The farm specializes in dairy production and crop farming while applying modern machinery and advanced technologies. The requested financing is intended for working capital to prepare for the upcoming season.

Farm Overview
The farm was established in 1998 in the Raseiniai district. It currently declares nearly 500 hectares of land, 204 hectares of which are owned. Farming activities are organized on a family basis – alongside the main farm operates the father’s farm cultivating nearly 150 hectares of land. Starting this year, the son has also established his own farm as a young farmer, with the intention of continuing the family farming tradition in the future.

Operating Model and Sustainability
The farm operates a mixed model and is a member of the Pienas.LT dairy cooperative. Approximately 70% of revenue is generated from milk production, with a herd of around 120 dairy cows. The remaining 30% comes from cereal crop production, part of which is sold and part used for feed.
Crop production is based on no-till technology, supported by crop rotation and cover crops. For the past 8–9 years, the farm has been using Bioenergy bacteria, which allowed reducing the use of mineral fertilizers by roughly half. Fungicide use is minimal as the soil has been cleared of pathogens, and only biological seed treatment is used for cereals. Electricity used by the farm is purchased from a solar park.

Technical Infrastructure
The farm’s machinery fleet includes a self-propelled maize chopper, a tracked combine harvester, four tractors, telescopic and articulated loaders, and other modern equipment required for agricultural operations. Advanced technologies are also implemented in dairy production – cows are milked by a double milking robot, feed is pushed by an automated feed pusher robot, and calves are fed through an automated calf feeding system.

Relationship with InSoil
The farm participates in the InSoil carbon credit program and has enrolled 250 hectares of land. It became a member of the InSoil community in June 2025 when it received a Green Loan of EUR 92,000 to purchase an innovative rake for forage production. The loan is repaid under the annuity schedule and there has not been a single day of delay in payments. The current outstanding balance of the loan is approximately EUR 78,000.

Financial Situation
Due to adverse weather conditions and low crop prices, the farm recorded a net loss of EUR –9,723 in 2024. However, after accounting for depreciation of fixed assets, EBITDA remained positive in 2024 and reached nearly EUR 200,000. EBITDA was also positive in 2023. The farm maintained sufficient cash flows to meet all existing financial obligations.

Financing Purpose
The requested funds will be used for working capital related to preparation for the upcoming season and to ensure the continuity of daily farm operations.

Conclusion
The project represents a long-established family farm with modern technical infrastructure, diversified operations, and advanced farming practices. A clearly defined financing purpose and stable operational indicators support the assessment of this project as well-founded and sustainable.

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.