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.

LT0003663

Goal
34,400 €
Raised
34,400 €
100%
Return rate
13%
Rating
C+
Period
50
Time left
LTV
89%
Country
Lithuania
Loan purpose
Equipment purchase
Business information
Security measures
Loan history
Project owner
Address
Xxxxxxx Xxxxxxxxxxxx
Xxxxxxxxx, Xxxčxxxx, Xžxxx xxxxė 30
header_1
Declared
Owned
Farming land73.78 ha1.35 ha
20252024
Revenue 84,845.00 € 16,567.00 €
Net profit 19,750.00 € 11,429.00 €
Equity ratio 0.57% -
Project description
Documents
Payment schedule
Project Summary
The project belongs to a crop farming operation located in the Radviliškis district, formally operating since 2023. Although the farm was officially established relatively recently, the farmer had already been involved in the family farming operation for more than a decade, cultivating land under the mother’s farm before fully taking over the farming activity two years ago. The requested financing is intended for the purchase of a used seed drill.

Farm Overview
The farm was established in 2023 in the Radviliškis district. It currently declares nearly 74 hectares of agricultural land, of which 1.35 hectares are owned. Despite the relatively short formal operating history, the farmer’s practical farming experience is considerably longer, as he had worked the mother’s farmland for more than a decade before fully taking over the farming activity.

Operating Model and Sustainability
The farm specializes in crop production, primarily cultivating wheat, barley, beans, and rapeseed. Land is managed using no-till practices, supported by crop rotation and cover crops. This farming model focuses on soil preservation and long-term operational continuity.

Continuity of Farming Operations
The current farm represents a continuation of the family’s existing agricultural activity. The farmer had been actively involved in cultivating the mother’s farmland for more than ten years before taking over the operation. Therefore, the farm registered in 2023 should be viewed as a continuation and transfer of an existing farming activity rather than a completely new agricultural start-up.

Financing Purpose
The requested funds will be used to purchase a used seed drill with a total price of approximately EUR 35,000. An advance payment has already been made to the seller, and the financing is required to cover the remaining purchase price.

Conclusion
The project represents a crop farm with a relatively short formal operating history but more than a decade of practical farming experience and continuity through the family farm. The farm follows a clearly defined crop production model, applies sustainable land management practices, and the requested financing is intended for the acquisition of a specific piece of machinery required for its farming operations.

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.