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.

LT0003665

Goal
14,000 €
Raised
14,000 €
100%
Return rate
12.6%
Rating
B
Period
52
Time left
LTV
88%
Country
Lithuania
Loan purpose
Land purchase
Business information
Security measures
Loan history
Project owner
Address
Xxxxxx Xxxxxxxxx Xxxxxx
Xxxxxxxxx, Xxxxšxxx, Xxxxxėx 5x 19
header_1
Declared
Owned
Farming land152.11 ha16.10 ha
20252024
Revenue 53,788.00 € 47,086.00 €
Net profit 129.00 € 117.00 €
Equity ratio 59.77% -
Project description
Documents
Payment schedule
Based in the Rokiškis district, this agricultural operation was established in 2021. The farm currently manages a total declared area of 152.11 hectares of agricultural land, which includes 16.10 hectares of owned land, with the remaining area managed primarily through lease..

A review of the farm's financial data highlights steady top-line growth, with turnover increasing from €47,086.00 in the previous year to €53,788.00 in the current year. This upward trend reflects expanding operations and increased business activity over the period.

The current loan request is designated for purchasing additional farmland, which will directly expand the farm's owned asset base.

In summary, this project represents a growing agricultural business in Rokiškis (est. 2021) currently managing 152.11 hectares of land. The enterprise is seeking financing to acquire new land and build its long-term asset-backed equity.

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.