LT0001456
Closed for investment
General Information
LENDING
AGRICULTURAL LOAN
HEAVY FINANCE
BBB-
Monthly
Financial Information
€15,000.00
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€0.00
€5.00
14.00 %
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Important Dates
519
2023-07-05
2024-12-05
Description
Description
In the Biržai district, an agricultural farm has existed since 2015. Although the farm currently declares 100 ha of arable land where he owns 1,78 ha, but he and his father manage to operate on roughly 400 ha in total.
The farm cultivates its land using a combine harvester, multiple tractors, and other equipment. On a permanent basis, only family members are employed on the farm.
The farm strives to practice climate-smart agriculture and employ environmentally friendly farming techniques.
With the aims to start the rye harvest season, the businessman seeks for external finances to increase his working capital and cover the operational expenses.
Business information
Declared land, ha 100.91
Owned land, ha 1.78
Revenue 2022 €111 350
Revenue 2021 €65 855
Security measures
Personal liability of the project owner