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.
PL0002814
Project owner | Address |
---|---|
header_1 | Declared | Owned |
---|---|---|
Farming land | 158.00 ha | 158.00 ha |
2024 | 2023 | |
---|---|---|
Revenue | 335,975.47 € | 64,456.96 € |
Net profit | - | - |
Equity ratio | - | - |
Investment calculator
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The farmer has been farming since 1982, when he inherited 17ha from his parents, and has since expanded his farm to 158ha, all of which he owns. On the farm he is engaged in ecological crop production. He works independently on the farm. His sowing structure consists of 78ha of lupine and 80ha of oats.
On the farm he uses machinery such as:
- Tractor CASE 2016
- Tractor JOHN DEERE 2015
- Subsoiler MASCHIO GASPARDO 2020
- Aggregate HORSCH 2005
The farmer plans to build a new farm building in the next 3 years. In this building they want to store machinery and grain, in addition, they plan to apply for more ecological certificates.
The loan is to be used to partially finance the construction of the farm building and refinance the last two installments of the HF loan.
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.