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.

PL0001560

Goal
29,377 €
Raised
29,377 €
100%
Return rate
From 14%
Rating
C+
Period
36
Time left
LTV
73%
Country
Poland
Loan purpose
Investment to increase production
Business information
Security measures
Loan history
Project owner Address
Ūxxxxxxxx (-ė) Xxxxxx Xóźxxxxxxx
Xxxńxx Xłxxxxxxx 1, 97-403 Xxxżxxxx
header_1 Declared Owned
Dirbama žemė100.00 ha30.00 ha
20232022
Revenue 179,211.00 € 114,573.00 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule
Mr. Thomas received the farm from his parents in January 2015.
He rears 1,800 head of fattening pigs on an annual cycle, Danish breed and 30 head of mixed breed beef cattle. He produces the feed himself or buys it depending on the economic situation. His wife and parents help on the farm.

Sowing structure:
  • wheat -25ha
  • triticale- 25ha
  • barley - 25ha
  • intercrops - 25ha 

Tractors:
  • Fendt 716 2001
  • New Holland Td5.1052018

Ploughed and unploughed cultivation 
  • Pottinger 5-plow rotary plough 
  • Disc cultivator 
  • Stubble breaker 
  • Coulter seed drill
  • Slurry tanker
  • New Holland press

The farmer applies sustainable practices on his farm.
Fertiliser application and mixing within 12 hours, sowing of intercrops 

The funds will be used to build a grain store and arched hall the rest of the funds for pigs and the purchase of beef cattle. The farmer is pledging his agricultural land (3,6235 ha) with a value of 40 013 € as collateral to secure the loan amount.

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.