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.

LT0001802

Goal
52,000 €
Raised
52,000 €
100%
Return rate
From 12.6%
Rating
B
Period
34
Time left
LTV
88%
Country
Lietuva
Loan purpose
Refinansavimas
Business information
Security measures
Loan history
Project owner
Address
Ūxxxxxxxx (-ė) Xxxxxxxxxx Xxxxxxxxxxx
Xxxxxxėx x., Xxxxxxx, Xxšxxxų x. 17
header_1
Declared
Owned
Dirbama žemė160.22 ha29.86 ha
20232022
Revenue 229,968.00 € 224,899.00 €
Net profit 88,081.00 € 5,870.00 €
Equity ratio - -
Project description
Documents
Payment schedule
2013 m. Ukmergės rajone įkurtas augalininkystės ūkis, kuriame auginamos grūdinės kultūros – avižos, kviečiai, grikiai, žirniai ir kt. Deklaruotas dirbamos žemės plotas – 160,22 hektarai, iš kurių 29,86 ha priklauso ūkininkui. Ūkis propaguoja beariminės žemdirbystės technologiją.

Ūkio technikos parką sudaro du traktoriai, kombainas ir kiti žemės dirbimo padargai – akėčios, sėjamoji, trąšų barstytuvas, purkštuvas, priekaba javams vežti ir kt.

Ūkininkas HeavyFinance platformoje jau turi dvi paskolas, kurios mokamos be priekaištų, tačiau šių metų kruša ir smarkios liūtys sunaikino 50 procentų derliaus, todėl ūkininkas kreipėsi dėl paskolos refinansuoti turimoms paskoloms, ir įkeičia 6 žemės sklypys kaip užstatą.

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.