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.

LT0003555

Goal
11,000 €
Raised
11,000 €
100%
Return rate
13.32%
Rating
B+
Period
30
Time left
LTV
-
Country
Lithuania
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner
Address
Xxxxxx Xxxxx Xxxxxxxxxė
Xxxxxxxxx, Xxšxxėx xxxx., Xxxxėx xxx. Xxxžxų xxx.
header_1
Declared
Owned
Farming land36.34 ha19.88 ha
20252024
Revenue 39,361.00 € 19,864.00 €
Net profit 2,257.00 € 3,837.00 €
Equity ratio 71.07% -
Project description
Documents
Payment schedule
An agricultural operation located in Pašilės mstl. was established in 2016. The farm declares a total agricultural land area of 36.34 hectares, of which 19.88 hectares are owned.

The farm's financial position shows development, with turnover increasing from EUR 19,864 in the previous year to EUR 39,361. Over the same period, total assets rose from EUR 110,728 to EUR 223,988, while equity concurrently increased from EUR 106,409 to EUR 179,640. Liabilities experienced a reduction, decreasing from EUR 1,652 to EUR 1,267. These figures indicate an improvement in the farm's financial stability.

The loan request is for working capital purposes. The project owner maintains personal liability for the loan.

This project represents an agricultural operation established in 2016, demonstrating growth in its operational scale and financial position. The financing is sought to support the farm's ongoing working capital requirements.

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.