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.

PT0000906

Goal
32,100 €
Raised
32,100 €
100%
Return rate
11.5%

Rating
B+

Period
36

Time left

LTV
27%

Country
Portugal

Loan purpose
Investment to increase production

Business information
Security measures
Loan history
Project owner Address
Xxxxxxx xx Xxxxx Xxxx Xxxxáxxx, Xxx, XXXXX XXXXXX XXXX XXXXXXXX,
Xxx xx Xxxxx, Xxxx xx Xxx, Xxxxxxx Xxxxxx
header_1 Declared Owned
Farming land16.00 ha16.00 ha
20212020
Revenue 401,083.71 € 260,693.38 €
Net profit 3,312.72 € 5,349.87 €
Equity ratio 17.54% -
Project description
Documents
Payment schedule

The company, located in the centre of Portugal, has open its business of producing and transforming pork meat in 1985.

They raise pigs to gather and process their meat, producing regional typical food products. Visit the company website  http://wordpress.estreladabeira.pt/ to learn more about their products

Today, the company has 7 permanent workers, and has 4 different farms with a total area of 16Ha. All these farms have all seen a constant growth of their flocks, and the goal is to not only fully supply the processing plant, but also supply regional partners.

In the last years, the company has invested in the modernization of its farms, plants and equipment, to optimize production improve profitability and re-inforce their position in the markets they already operate in. All this combined with the costs of raw materials, especially fuel and animal feed, which have been seeing unprecedented price increases, the company feels the need to resort to financing both for the acquisition and modernization of said productive means as well as a reinforcement of treasury to support the constant increases in raw materials, these being the main objectives for the requested 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.