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.

PT0001061

Goal
81,000 €
Raised
0 €
0%
Return rate
From 12.3%
Rating
C+
Period
36
Time left
LTV
89%
Country
Portugal
Loan purpose
Farm buildings purchase/construction
Business information
Security measures
Loan history
Project owner Address
Xxxxxxx xx Xxxxx Xxxx Xxxxáxxx, Xxx, XXXXX XXXXXX XXXX XXXXXXXX,
Xxx xx Xxxxx, Xxxxxx, Xxxx xx Xxx, Xxxxxxx Xxxxxx, Xxxxxxxx
header_1 Declared Owned
Dirbama žemė16.00 ha16.00 ha
20212020
Revenue 401,083.71 € 260,693.38 €
Net profit 3,312.72 € 5,349.87 €
Equity ratio 16.87% -
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 a staff of 7 employees in 4 farms active with a total area of ​​16 hectares, which, based on the work carried out in recent times, have registered an increase in their number of animals, with the objective of achieving complete autonomy in the near future with regard to pork meat needs, and also the supply to economic 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.

With this in mind, the company bought a new farm and is now asking for capital to restructure and to do improvement works on this new farm.
To ensure this loan of 81 000 euros, the company is providing the new farm as collateral, which represents an LTV of 89%.

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.