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.
PL0001656
Project owner | Address |
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header_1 | Declared | Owned |
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Farming land | 60.00 ha | 1.60 ha |
2022 | 2021 | |
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Revenue | 97,269.00 € | 48,854.00 € |
Net profit | - | - |
Equity ratio | - | - |
The agricultural entrepreneur inherited the farm five years ago and now declares 60 hectares of arable land. He has been working on the farm since childhood. He grows wheat, and maize for silage and fodder meadows. All his crops are for cows and cattle and he produces the feed himself.
The main production on the farm is milk and meat. The farmer has 60 dairy cows (Holstein-Friesian, Simmental and Belgian Blue). All cows are assessed by the PFHB. The company has a long-term contract with a wholesaler to purchase its products.
Mr Rafał works alongside his father who also has a farm, together they have around 120 hectares. He mainly sows maize, cereals and meadows.
The farmer already owns four tractors, a Shaffer loader, a bale baler and other professional equipment:
- DEUTZ FAHR 6165 TTV series in limited edition 'Warrior'
- URSUS C330 tractor
- MASSEY FERGUSON 398 tractor with loader
- SHAFFER loader
- SAME 90W roller
- FARMTRAC HeriTrace
- URSUS C-392 tractor with loader
- DEUTZ 6.30S
The farm is ploughed, intercrops are sown in the fields and straw is returned to the field as manure.
The project owner now wants to purchase a manure scraper to improve the removal of waste from the barn.
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.