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.

PL0001336

Goal
10,052 €
Raised
10,052 €
100%
Return rate
14%
Rating
B
Period
48
Time left
LTV
50%
Country
Poland
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxxxxx
Xxxxxxxxx 20, 64-850 Xxśxxx
header_1 Declared Owned
Farming land20.00 ha15.50 ha
20222021
Revenue 57,138.00 € 28,312.00 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule

The farmer took over the farm from his parents in 2010 and has been running it with his wife ever since. He raises beef cattle, and chickens and also cultivates arable crops. Currently, he owns 50 beef cattle, 50 hens of which he sells eggs. He currently grows 4,27ha of maize, which is used for feed, 3,6ha of triticale, 1,63ha of winter barley, 1,5ha of spring barley.

On the farm, he uses machinery such as:
  • NEW HOLLAND tractor (2018)
  • URSUS c360 tractor 
  • SAMASZ disc mower (2019)
  • SAMASZ rake (2020)
  • SAMASZ tedder (2021)
  • GRANO SYSTEM disc harrow (2019)
  • AUTOSAN D47 agricultural trailer 
  • POM ZŁOCIENIEC Agricultural trailer 
  • SKOTAREK Sprayer 500 (2010)
  • TUR HYDRAMET front loader (2018)
  • AMAZONE fertiliser spreader (2000)
  • SIPMA bale wrapper (2010)
  • M-ROL fodder mixer (2022)
  • SIPMA grain compactor (2015)
The plan for the next few years is to expand his beef cattle farm and build a barn within the next year that will allow him to increase production and herd welfare.
At the moment the farmer needs additional funds for working capital.

The land securing this loan is also collateral for the farmer's first loan.

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.