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.

LT0003463

Goal
67,600 €
Raised
67,600 €
100%
Return rate
12%
Rating
B
Period
4
Time left
LTV
29%
Country
Lithuania
Loan purpose
Refinancing
Business information
Security measures
Loan history
Project owner
Address
Xxxxxx Xxxūxxx Xxxxxxxx
Xxxxxxų x. xxx., Šxxxxxžxxxx xxx., Xxxčxxx, Xxxxxx x. 44, 67200
header_1
Declared
Owned
Farming land243.10 ha117.32 ha
20252024
Revenue 281,434.00 € 246,905.00 €
Net profit 77,828.00 € 50,235.00 €
Equity ratio 32.86% -
Project description
Documents
Payment schedule
The mixed organic farm has been operating in the Lazdijai district since 2017 and currently manages 243.10 hectares of land, of which 117.32 hectares are owned.

The farm started its operations with beef cattle farming and the raising of waterfowl, namely geese and ducks. Over the years, it has built a strong customer base, which has helped ensure stable growth and consistent sales of its production. All farm output is certified according to the standards of VšĮ Ekoagros, and the farm operates in line with organic farming principles.

In addition to livestock farming, the farm is also engaged in crop production, cultivating winter wheat, winter rapeseed, and spring wheat. This mixed farming structure allows the business to diversify its operations and maintain greater overall stability.

The farm is equipped with the main machinery required for independent and efficient operations. It uses two tractors, a combine harvester, a seeder, a cultivator, a baler, a rake, a bale wrapper, and other equipment necessary for day-to-day farming activities. This technical base enables the farm to carry out key agricultural works on time and maintain smooth operational processes.

The loan is intended for refinancing, with the aim of optimizing the farm’s financial structure and ensuring the continued stability of its operations.

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.