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.

PL0001860

Goal
40,000 €
Raised
40,000 €
100%
Return rate
From 13.6%
Rating
B
Period
48
Time left
LTV
48%
Country
Poland
Loan purpose
Investment to increase production
Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxł Xxxxx
Xxxxxxxx 17, 89-110 Xxxxx
header_1 Declared Owned
Farming land37.00 ha17.00 ha
20222021
Revenue 164,170.00 € 50,918.00 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule
Michał has been running the farm since 2002, when he inherited it from his parents. He takes care of the farm alongside his wife.
Currently, they cultivate 9ha of corn for sale and 8ha of corn for silage. The farmer keeps 42 HF dairy cattle for milk production and also has 20 HF calves (feed is bought from Biofeed). The milk is being delivered to the Spolmlek Chojnice Dairy.

Machinery used on the farm:
  • CAE MX 200c tractor with stoll front loader
  • URSUS C-360 tractor
  • EVERUN 12 front loader
  • FIDER fodder mixing wagon 9M
  • TALEX rotary rake 3,20M
  • TALEX disc mower 2,10M
  • URSUS rotary tedder 5,10M
  • MARCO-POLO bale wrapper
  • cultivator
  • trailer x2

The farmers' plan for the development of the farm includes the purchase of dairy cattle to increase the herd and purchase more arable land. 
The financing is divided into two loans.



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.