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.

LT0001806

Goal
49,000 €
Raised
49,000 €
100%
Return rate
From 10.6%
Rating
A
Period
34
Time left
LTV
89%
Country
Lietuva
Loan purpose
Apyvartinio kapitalo padidinimui
Business information
Security measures
Loan history
Project owner
Address
Xxxxxx Xxxxxxxx Xxxxxx
Xxxšxxxxxxų x., Xxxxxšxėx, Xxxxxxxėx x 37
header_1
Declared
Owned
Farming land126.40 ha82.27 ha
20222021
Revenue 269,976.00 € 165,458.00 €
Net profit 61,138.00 € 65,631.00 €
Equity ratio 40.34% -
Project description
Documents
Payment schedule
Kaišiadorių rajone ūkininkas nuo 2004 m. valdo ūkį, kuriame augina kviečius, rapsus ir kitas kultūras. Ūkininko valdas sudaro 126,40 hektarų ariamos žemės, iš kurių 82,27 ha priklauso ūkiui.

Ūkininko technikos parką sudaro kombainas, traktorius, sėjamoji, purkštuvas, priekaba ir kita žemės dirbimo įranga. Ūkininkas žemę įdirba naudodamas beariminį žemės dirbimo būdą.

Ūkininkas kreipėsi į HeavyFinance bendruomenę dėl paskolos, kurią panaudos papildomai technikai įsigyti. Kaip paskolos užstatą jis įkeičia 4 jam priklausančius žemės sklypus.

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.