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.

LT0001202

Goal
20,000 €
Raised
20,000 €
100%
Return rate
13%

Rating
B

Period
33

Time left

LTV
64%

Country
Lietuva

Loan purpose
Apyvartinio kapitalo padidinimui

Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxxx Xxxžxx
Xxxxxxėxų xxx., Xxxxxėxxx x.
header_1 Declared Owned
Farming land189.70 ha1.00 ha
20212020
Revenue 89,126.00 € 81,622.00 €
Net profit 4,372.00 € 46,040.00 €
Equity ratio 24.36% -
Project description
Documents
Payment schedule

Klaipėdos rajone ūkininkas nuo 2012 m. vysto augalininkystės ūkį.


Ūkyje auginami vasariniai ir žieminiai kvietrugiai, miežiai, kviečiai, rugiai ir žirniai. Ūkininko šeima taip pat aktyviai užsiima žemės ūkio veikla. Kadangi šeima ūkį valdo kartu, bendras žemės plotas siekia 360 ha iš kurių 21 ha jiems priklauso nuosavybės teise.

Šiuo metu ūkio veikloje naudojamas traktorius, krautuvas, kombainas ir srutovežis.

Šiuo projektu Heavy Finance platformoje, ūkininkas siekia pasiskolinti 20 000 EUR apyvartinėms lėšoms, kurias panaudos artėjančio sezono darbams papsiruošti. Paskolos užtikrinimui įkeičiami - traktorius New Holland ir vilkikas Volvo. Projekto savininkas neseniai paėmė 11 000 EUR paskolą LT0001200, kuriai šiuo metu rengiami dokumentai.

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.