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.

LT0003586

Goal
5,000 €
Raised
5,000 €
100%
Return rate
12.5%
Rating
A
Period
18
Time left
LTV
-
Country
Lithuania
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner
Address
Ūxxxxxxxx (-ė) Xxxxxxxx Xxxxxxxx
Xxxxxxxxx, Xxxxxxx, Xxxxxxų xxxxxxx, Xxšxxų 20
header_1
Declared
Owned
Dirbama žemė100.30 ha80.00 ha
20252024
Revenue 137,878.00 € 145,518.00 €
Net profit 4,656.00 € 15,484.00 €
Equity ratio 44.82% -
Project description
Documents
Payment schedule
An agricultural operation located in Kamenka, Lazdijų rajonas, was established in 2012. The farm currently manages a declared land area of 100.30 hectares, of which 80.00 hectares are owned.

Financial data for the operation indicates a growth in turnover, increasing from EUR 137,878.00 in the previous year to EUR 145,518.00 in the current year. Profit also demonstrated a notable increase, rising from EUR 4,656.00 to EUR 15,484.00 during the same period. Concurrently, the operation's asset base expanded from EUR 347,201.00 to EUR 413,162.00, with equity increasing from EUR 157,842.00 to EUR 176,628.00.

The requested loan is for working capital to support the ongoing operational needs of the farm.

This operation, established in 2012, demonstrates growth in its financial metrics and seeks financing for essential working capital requirements to maintain its activities.

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.