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.

LT0001900

Goal
43,000 €
Raised
43,000 €
100%
Return rate
From 11.6%

Rating
B

Period
33

Time left

LTV
73%

Country
Lietuva

Loan purpose
Žemės įsigijimui

Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxx Xxxxxxxxxė
Xxxxxxxxx x., Xxxxžxšxėx x 3
header_1 Declared Owned
Farming land93.01 ha7.38 ha
20222021
Revenue 85,863.00 € 50,155.00 €
Net profit 21,236.00 € 1,514.00 €
Equity ratio 39.75% -
Project description
Documents
Payment schedule

Padėdami ūkiui pritraukti finansavimą greičiau, skiriame 2.00% premiją nuo investuotos sumos. Investuojant, įveskite kodą heavy1900.

Nuo 2014 m. projekto savininkas Ignalinos rajone valdo grūdų ūkį, kuriame augina kviečius, rapsus ir kitas kultūras. Ūkininko ūkį sudaro 93,01 ha ariamos žemės, iš kurios 7,38 ha priklauso ūkininkui.


Ūkininko technikos parką sudaro kombainas, traktorius, sėjamoji, purkštuvas, priekaba ir kita žemės dirbimo įranga. Ūkininkas žemę dirba beariminiu žemės dirbimo būdu.

Ūkininkas kreipėsi į "HeavyFinance" bendruomenę dėl paskolos, kurią panaudos 12 ha žemės sklypui įsigyti. Kaip paskolos užstatą jis įkeičia perkamą žemę ir kitas.

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.