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.

LT0003482

Goal
25,000 €
Raised
25,000 €
100%
Return rate
12%

Rating
A

Period
12

Time left

LTV
-

Country
Lithuania

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner
Address
Xxxxxx Xxxxxxx Xxxxxxčxxx
Xxxxxėxxx x. xxx., Xxxxxxxxxėx xxx., Xxxxxė, Xxxxėx x. 7-1
header_1
Declared
Owned
Farming land189.58 ha3.30 ha
20252024
Revenue 471,112.00 € 221,104.00 €
Net profit 97,532.00 € 28,038.00 €
Equity ratio 57.16% -
Project description
Documents
Payment schedule

The farm was established in 2017 and has since expanded to a total land area of 189.58 hectares, of which 3.3 hectares are owned by the farmer, with the remaining land being leased. The farm operates an organic purebred Angus beef cattle business and currently maintains a herd of over 100 cattle.

The farm is equipped with all necessary machinery for both land cultivation and livestock management, ensuring smooth and efficient operations.

The loan funds will be used to finance working capital needs until the main revenues are received, specifically to cover fuel and other expenses related to feed preparation.

This is the farmer’s sixth project on the InSoil platform, of which five loans have already been fully repaid. The farmer consistently meets all payment obligations on time.

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.