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.

PL0001227

Goal
25,530 €
Raised
25,530 €
100%
Return rate
From 17.27%
Rating
B
Period
68
Time left
LTV
48%
Country
Poland
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner Address
Xxxxxxxxxx Xxxxxx
63-022 Xxxęxxxxx
header_1 Declared Owned
Dirbama žemė57.00 ha57.00 ha
20222021
Revenue 48,146.00 € 21,690.00 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule

The farmer has owned the farm since 1980. He inherited 25 hectares from his parents and bought another 32 hectares together with his wife. 

He grows cereals on 40 hectares and industrial potatoes on 10 hectares. Additionally, the farmer breeds 120 pigs and 20 heads of fattening cattle. He produces the feed by himself and buys only premixes. 

The farmer only works on the farm with his wife and son (the son is already our client). 

There are plenty of machines on the farm:

  • LANDINI 165 tractor
  • LANDINI 125 tractor
  • ZETOR 16245 tractor
  • URSUS C-360 tractor
  • combine harvester
  • potato harvester
  • baler winding 
  • 2 trailers 
  • aggregates 
  • seeder 
  • sprayer 
  • ploughs

The farmer uses manure and catch crops. Our client has a contract for the sale of industrial potatoes to Z.P.Z. Trzemeszno. The pigs and cattle are sold to local customers.

The farm development plan is to increase fattening cattle breeding. 

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.