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.
LT0003457
Project owner | Address |
|---|---|
header_1 | Declared | Owned |
|---|---|---|
| Farming land | 7.71 ha | 11.86 ha |
| 2024 | 2023 | |
|---|---|---|
| Revenue | 33,473.00 € | 19,023.00 € |
| Net profit | -1,059.00 € | 1,295.00 € |
| Equity ratio | 77.1% | - |
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A mixed farm located in the Ukmergė district has been operating since 2017, combining beef cattle farming and crop production. The farm raises 50 Aubrac beef cattle, while part of the cultivated land is used for cereal production, ensuring diversification of activities and additional income sources.
The farmer currently cultivates 7.71 hectares of land, while 11.86 hectares are owned. It should be noted that during the current year, the farmer plans to declare at least 20 hectares of agricultural land, thereby increasing the scale of operations and strengthening the farm’s production capacity.
The farm is managed independently by the farmer. The technical base consists of an older-generation tractor and tillage implements, enabling the performance of essential agricultural tasks related to land cultivation, forage preparation, and daily farm operations.
The farmer has applied to InSoil for a loan, which will be used to implement an NMA-supported project involving the purchase of a new Case tractor.
It should be noted that this is the farmer’s third project on the InSoil platform. The first loan was fully repaid, demonstrating strong financial discipline, a responsible approach to obligations, and reduced investment risk.
Taking into account the farm’s operating history, diversification of activities, planned expansion of cultivated land, and positive cooperation track record, the project is assessed as a reliable and moderate-risk investment opportunity for the InSoil investor community.
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.