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.

LT0003580

Goal
5,500 €
Raised
5,500 €
100%
Return rate
14%
Rating
B+
Period
29
Time left
LTV
-
Country
Lithuania
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner
Address
Xxxxxxxxx Xxxxxxx
Xxxxxxxxx, Xxxxxxx, XXXXXXĖX 29
header_1
Declared
Owned
Dirbama žemė48.66 ha4.33 ha
20252024
Revenue 51,807.00 € 62,262.00 €
Net profit 27,260.00 € 42,937.00 €
Equity ratio 41.6% -
Project description
Documents
Payment schedule
The agricultural operation was established in 2022 and is situated in the Ukmergė district. The farm focuses on crop farming, cultivating wheat, rapeseed, barley, and other arable crops. It manages a total of 48.73 hectares of farmland, with 4.2 hectares being privately owned and the remaining 44.53 hectares held under lease agreements.

The farm maintains its own machinery fleet, which includes a combine harvester, tractor, seed drill, sprayer, trailer, and additional tillage equipment. This enables the independent execution of all fieldwork. Farming practices incorporate no-till technology, contributing to the preservation of soil structure, reduction of erosion, and optimization of fuel consumption.

Financial data for the farm indicates an increase in key metrics. Turnover grew from EUR 51,807 to EUR 62,262, while profit increased from EUR 27,260 to EUR 42,937. The farm's asset base also expanded, rising from EUR 113,158 to EUR 151,887.

The current loan request is for working capital to support ongoing operational needs. This financing aims to facilitate the continued activities of the farm, which is characterized by its established operational methods and recent financial performance trends.

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.