InSoil has obtained a €120 million senior secured credit facility from Pollen Street Capital to help agricultural small and medium-sized businesses across Europe access transition financing.
The loans are guaranteed by the European Investment Fund through the InvestEU programme, which is raising at least €372 billion for EU policy goals.
This is InSoil’s third major capital raise in a year, after a €50 million EIF-backed fund and a carbon-credit financing partnership. It is also among the largest private credit commitments for sustainable agriculture in Europe.
InSoil, a Lithuanian fintech that began by funding tractors for Baltic wheat farmers, has now secured one of Europe’s largest private credit facilities for sustainable agriculture. The €120 million facility from London-based Pollen Street Capital represents a major commitment to lending in this sector.
With this financing, InSoil can offer more mid-term loans to small and medium-sized farms that use sustainable methods such as no-till farming, cover crops, crop rotation, and reduced use of synthetic fertiliser.
