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.

PL0002969

Goal
14,000 €
Raised
14,000 €
100%
Return rate
11%

Rating
A+

Period
48

Time left

LTV
50%

Country
Poland

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner
Address
Xxxxxx Xxxxxx Xxxxxxxxx
Xxxxxxxx 9, 63-020 Xxxxxxxśx
header_1
Declared
Owned
Farming land41.00 ha20.00 ha
20252024
Revenue 63,112.86 € 35,145.57 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule

The farmer has been farming since 2014, when he took over 15ha from his parents. Since then, he has managed to expand the farm to 41ha of which he owns 20ha. On the farm he works independently and is engaged in crop production and breeding beef cattle. His herd consists of 80 cattle and his sowing structure consists of 5ha of rapeseed, 5ha of wheat, 5ha of triticale, 10ha of silage corn, 3ha of sugar beet, 10ha of grain corn, and 3ha is grassland.

On the farm, the farmer uses machinery such as:

  • METAL-FACH trailer 2021
  • AGROMASZ cultivating and seeding unit 2021
  • BIARDZKI sprayer 2021
  • DEUTZ FAHR tractor 2017
  • METAL-FACH baler 2015

The farmer plans to erect a grain silo on his farm in the next 3 years, he has received a grant for this purpose and will start construction at the end of the year. In addition, he wants to upgrade his buildings and machinery to more efficient ones. Funds from the loan will be used for the farm's current harvest's related expenses such as fuel and repairs.

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.