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.

PL0001741

Goal
50,000 €
Raised
50,000 €
100%
Return rate
From 13.1%
Rating
B+
Period
48
Time left
LTV
50%
Country
Poland
Loan purpose
Equipment purchase
Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxxxxx Xxxxxxxxx
Xxxxxxxxx 69, 63-860 Xxxxxxxxx
header_1 Declared Owned
Farming land87.00 ha37.00 ha
20222021
Revenue 262,951.00 € 181,579.00 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule

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The farmer has been running the farm with her husband since 2005, when she took it over from her parents. Since then she has expanded it from 20 hectares to 87 hectares of which 37 hectares are owned by her.

The farmer grows 35ha of wheat, 12ha of sugar beets, 10ha of winter barley, and 15ha of corn, with the rest of the land being grassland. The farmer has 55 Holstein-Friesian dairy cows, 100 heads of beef cattle of a mix of beef and HF cattle, as well as 45 heifers.

On the farm, she uses such machinery as:
  • JOHN DEER 6115M tractor (2021)
  • ZETOR tractor (2015)
  • ZETOR tractor (2016)
  • URSUS 255 tractor
  • JCB 530/70 telescopic loader (2000)
  • UNIA baler (2014)
  • PRONAR agricultural trailers (2014) x3
  • UNIA seeder unit (2012)
  • FORTSCHRITT manure spreaders T088 x2
  • KUHN plough (2012)
The farmer plans to modernize her older machinery and has applied for modernization to PROW (Rural Development Programme).

Currently, the farmer needs funds to finish building a grain storage facility. She has already the walls put up but needs funds to complete the construction that will allow her to store the crops.
This is the farmer's third loan out of three planned at the moment as one big financing. 

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.