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.

LT0003577

Goal
15,000 €
Raised
15,000 €
100%
Return rate
14%
Rating
B+
Period
30
Time left
LTV
-
Country
Lithuania
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner
Address
Xxxxxx Xxxxxx Šxxxxxx
Xxxxčxų x., Žxxxxčxų Xxxxxxxxxx xxx. Xxxxxėx xxxxxx xxx.
header_1
Declared
Owned
Farming land72.22 ha41.75 ha
20252024
Revenue 87,021.00 € 59,270.00 €
Net profit 39,118.00 € 35,726.00 €
Equity ratio 70.4% -
Project description
Documents
Payment schedule
The farm has been operating in the Plungė district since 2009 and currently declares 72.22 hectares of land, of which 41.75 hectares are owned. A significant share of owned land provides a stable foundation for long-term operations and further development.

The farm operates as a mixed agricultural business, combining beef cattle farming with crop production. The farm grows wheat, barley, beans, and maize. This diversified operating model helps balance income sources, make efficient use of cultivated land, and support a more stable farming cycle.

Farm operations are supported by the necessary technical base, including a tractor, agricultural implements, and other essential equipment. The available machinery enables the farmer to carry out key farm tasks, maintain crops, prepare feed, and ensure smooth day-to-day operations.

The current financing is intended for working capital, supporting smooth seasonal operations, maintaining financial flexibility, and ensuring a stable operating cycle for the mixed farm.

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.