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.

LT0001106

Goal
16,000 €
Raised
16,000 €
100%
Return rate
12.5%

Rating
B+

Period
11

Time left

LTV
-

Country
Lietuva

Loan purpose
Apyvartinio kapitalo padidinimui

Business information
Security measures
Loan history
Project owner Address
Ūxxxxxxxx (-ė) Xxxxxxx Xxxčxūxxx
Xxxxxėžxx x., Xxxxxxxšxxx xxx., Xxxūxėxėx x.
header_1 Declared Owned
Dirbama žemė42.38 ha35.60 ha
20212020
Revenue 35,968.00 € 42,648.00 €
Net profit 12,399.00 € 18,056.00 €
Equity ratio 0.13% -
Project description
Documents
Payment schedule

Panevėžio rajone ūkininkauti pradėjęs 2005 m., šiuo metu, ūkininkas, valdo daugiau nei 42 ha žemės ploto, iš kurių 35,6 ha jam priklauso nuosavybės teise.

Dalį žemės vyras perėmė iš savo motinos, taip pat yra įsigijęs žemės iš giminaičių. Ūkininkas augina kviečius, rapsus, žirnius ir kvietrugius.


Verslininkas savo ūkyje dirba vienas. O jo nuosavą technikos parką sudaro traktorius, kombainas, sėjamoji ir kita smulkesnė įranga. Ūkininkas visą užaugintą derlių parduoda UAB "Agrokoncernas technika", UAB "Vilniaus degtinė" ir AB "Linas agro".


Savo pirmuoju projektu Heavy Finance platformoje, jis siekia pasiskolinti 16 000 EUR - ūkio apyvartinėms lėšoms padidinti. 

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.