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.

LT0003574

Goal
15,000 €
Raised
7,700 €
51%
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 Xxxxxx Xxxxxxx
Xxxxxxxxx, Xxxxxxxxx, Xxxxxxxx 7X
header_1
Declared
Owned
Farming land150.00 ha30.00 ha
20252024
Revenue 123,332.00 € 122,747.00 €
Net profit 9,930.00 € -25,424.00 €
Equity ratio 1.02% -

Investment calculator

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Interest

13.32%

Preliminary earnings

0.00 €

Important:
The calculator provided is preliminary and the projected earnings are determined based on the preliminary principal repayment schedule.
Interest rates:
Investing from 100 € - 13.32%
Project description
Documents
Payment schedule
The agricultural operation, established in 2015, is situated in the Prialgava district. It currently manages a total declared area of 150.00 hectares of agricultural land, of which 30.00 hectares are under direct ownership.

Analysis of the farm's recent financial performance reveals a shift towards profitability. For the current year, the operation recorded a profit of 9,930.00. This contrasts with a reported loss of 25,424.00 in the preceding year, indicating an improvement in the financial outcome.

The purpose of the current loan request is to provide working capital, which is designated for supporting the farm's day-to-day operational requirements.

In summary, this project pertains to an agricultural entity in the Prialgava district, established for several years, which is seeking working capital to facilitate its ongoing activities, building upon a recent positive turn in its financial results.

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.