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.

LT0002058

Goal
15,000 €
Raised
15,000 €
100%
Return rate
14%

Rating
A

Period
17

Time left

LTV
-

Country
Lietuva

Loan purpose
Apyvartinio kapitalo padidinimui

Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxxx Xxčxx
Xxxxxų x. xxx., Xxxxxxxų xxx., Xxxxxxxxx, Xxxxx x. 3
header_1 Declared Owned
Farming land44.12 ha5.00 ha
20232022
Revenue 77,639.00 € 68,686.00 €
Net profit 33,956.00 € 32,124.00 €
Equity ratio 59.18% -
Project description
Documents
Payment schedule
Devynerius metus ūkininkaujantis verslininkas šiuo metu savo ūkyje augina 20 mėsinių galvijų, o dalį žemės skiria javams - kukurūzams, kviečiams ir miežiams. Ūkininkas valdo 44,12 hektarų žemės, iš kurių 5 ha priklauso ūkininkui, tačiau kartu su tėvu šeimos ūkis sudaro apie 150 ha.

Ūkyje naudojamas traktorius, presas, sėjamoji, šienapjovė, grėblys, šieno rinktuvas ir priekaba.

Ūkininkas pirmiausia kreipėsi į "HeavyFinance" bendruomenę, prašydamas paskolos ūkio apyvartai padidinti.

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.