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.

LT0003515

Goal
15,000 €
Raised
515 €
3%
Return rate
11.95%
Rating
A
Period
31
Time left
LTV
-
Country
Lithuania
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner
Address
Xxxxxx Xxxxxx Xxšxxxxx
Xxxxxxxxx, Xxxxxx xxx, Šxxxx xx, šxxxx 4
header_1
Declared
Owned
Farming land190.00 ha110.00 ha
20252024
Revenue 672,006.00 € 485,739.00 €
Net profit 98,482.00 € 90,156.00 €
Equity ratio 53.76% -

Investment calculator

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Interest

11.95%

Preliminary earnings

0.00 €

Important:
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Interest rates:
Investing from 100 € - 11.95%
Project description
Documents
Payment schedule
A mixed farm located in Skuodo raj, Šates km, has been operational since 2012. The farm has been managed by the current farmer for nearly a decade.

The operation cultivates 194.79 hectares of land, with a declared total land area of 200.27 hectares, of which 110 hectares are owned by the project owner. The farm maintains a dairy herd of 78 cows. Crop production includes winter wheat and rapeseed grown on the most fertile fields, while oats, barley, and peas are cultivated for feed, supporting the livestock's dietary needs.

The farm utilizes necessary agricultural machinery for daily operations, including a tractor and other implements. The current loan request is for working capital to cover part of the ongoing operational expenses before the upcoming agricultural season.

In the most recent year, the farm recorded a turnover of EUR 672,006.00, an increase from EUR 485,739.00 in the previous period. Profitability was consistent, with a profit of EUR 98,482.00 in the recent year, compared to EUR 90,156.00 previously. The farm's equity stood at EUR 475,311.00, while liabilities decreased to EUR 185,898.00.

This project represents an established mixed farming operation with sustained activity for over a decade, seeking funding to support its operational cycle.

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.