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.

PL0001532

Goal
25,231 €
Raised
25,231 €
100%
Return rate
From 15.5%
Rating
C+
Period
48
Time left
LTV
50%
Country
Poland
Loan purpose
Farm buildings purchase/construction
Business information
Security measures
Loan history
Project owner Address
Xxxxxxx Xxxxxxxxxx
Łxxxxxxx 9, 63-900 Xxxxxx
header_1 Declared Owned
Farming land18.35 ha9.55 ha
20222021
Revenue 30,589.00 € 26,818.00 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule
The farmer has been running the farm with his wife since 2005 when he took over the farm from his parents. Since then, he has expanded his farm from 3.55ha to 18.35ha, of which he owns 9.55ha.

The farmer is involved in both crop and cattle farming. He owns 15 cows and 9 heifers. On the farm, he grows 2.3ha of winter barley, 1.75ha of winter rye, 1.1ha of winter wheat, 0.8ha of winter triticale, 5ha of silage corn, 0.3ha of potatoes and owns 6.67ha of grassland. 

Machinery used on the farm:
  • MASSEY FERGUSON 255 tractor 
  • URSUS C-330 tractor 
  • METAL-FACH straw baler 
  • BOLKO potato harvester 
  • POSEJDON beetroot harvester 
  • AUTOSAN trailer 
  • SANOK trailer  
  • AUTOSAN trailer 
  • manure spreader 4.5t 

In the coming years, the farmer plans to expand his farm by another 5ha of farmland, mainly wanting to increase his livestock herd.
The funds from the loan will go to modernize his barn so as to increase its standard and thus increase space for more cattle.

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.