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.

LT0003520

Goal
10,000 €
Raised
10,000 €
100%
Return rate
13.36%

Rating
B+

Period
31

Time left

LTV
-

Country
Lithuania

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner
Address
Xxxxxx Xxxxxx Xxxxxxxxxx
Xxxxxxxxx, X/X, X/X
header_1
Declared
Owned
Farming land23.74 ha0.00 ha
20252024
Revenue 18,454.00 € 17,715.00 €
Net profit 1,123.00 € 1,679.00 €
Equity ratio 63.36% -
Project description
Documents
Payment schedule

A crop farming operation established in 2007 is located in the Alytus district. The farmer involved in this project has experience in crop farming in the district for more than two decades, and currently manages approximately 60 hectares of agricultural land jointly with a brother.

The farm declares 23.74 hectares of agricultural land, which are leased from the state under a 25-year agreement. Its technical base includes a tractor, combine harvester, grain truck, seeder, and disc tillage equipment, enabling the farmer to independently conduct main agricultural operations.

A working capital loan is requested to finance preparations for the upcoming season and cover ongoing operational expenses for the farm. Financial data indicates an asset base supporting the farm’s operations and a positive equity position.

This project represents an established crop farming operation, leveraging experienced management and its own technical resources to cultivate leased land, seeking financing for its seasonal working capital needs.

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.