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.

LT0001157

Goal
47,000 €
Raised
47,000 €
100%
Return rate
From 9.6%

Rating
A+

Period
35

Time left

LTV
67%

Country
Lietuva

Loan purpose
Apyvartinio kapitalo padidinimui

Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxxxx Xxxxšxxxxxx
X. Xxxxxxų - 21, Xxxxxxx, Xxxxxxxxx x.
header_1 Declared Owned
Farming land171.21 ha50.20 ha
20222021
Revenue 152,750.00 € 117,043.00 €
Net profit 39,426.00 € 40,965.00 €
Equity ratio 42.59% -
Project description
Documents
Payment schedule


Šis projektas kviečia investuoti į Kretingos rajone esančio ūkių plėtrą. Ūkis buvo įkurtas 2007 m., jame auginamos avižos, kviečiai, rapsai ir kitos kultūros.


Visą ūkį valdo ir tvarko tik šeimos nariai. Nuosavą technikos parką sudaro naujas kombainas, du traktoriai ir kiti žemės dirbimo padargai.

Tai ne pirmas ūkininko projektas "HeavyFinance" platformoje. Verslininkas yra paėmęs 21 000 EUR apyvartinių lėšų paskolą (LT0001072) ir iki šiol savo įsipareigojimus vykdė laiku. Taip pat ūkininkas yra pilnai grąžinęs paskolą LT0000218.



Dabar jis ieško papildomo finansavimo ir siekia pasiskolinti 47 000 € apyvartinių lėšų trūkumui padengti. Gautos lėšos bus panaudotos atsiskaityti už nuomojamą žemę, įsigyti degalų kitam sezonui ir pirkti mašinų atsargines dalis.


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.