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.

LT0002480

Goal
44,000 €
Raised
44,000 €
100%
Return rate
From 12.6%

Rating
B

Period
47

Time left

LTV
58%

Country
Lietuva

Loan purpose
Refinansavimas

Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxxx Xxxxxxxx
Xxxxxx x. 15, Xxxxxx x., Xxxxx xxx. Xxžxxxxų xxxxxx xxx.
header_1 Declared Owned
Farming land88.44 ha40.00 ha
20232022
Revenue 23,952.00 € 34,793.00 €
Net profit 12,299.00 € 19,892.00 €
Equity ratio 73.03% -
Project description
Documents
Payment schedule
Daugiau kaip 25 metų patirtį žemės ūkyje turintis verslininkas Mažeikių rajone valdo mišrų ūkį. Ūkininkas šiuo metu deklaruoja 88,44 ha dirbamos žemės, iš jų 40 ha - nuosavos. Ūkyje auginami augalai - kviečiai, miežiai ir kitos kultūros, taip pat mėsiniai galvijai.

Ūkio technikos parką sudaro traktorius ir kita reikalinga įranga.

Tai ne pirma ūkininko paskola „HeavyFinance“ platformoje, o įmokos mokamos laiku. Dabar ūkininkas siekia pasiskolinti iš „HeavyFinance“ investuotojų bendruomenės, kad galėtų refinansuoti dvi savo turimas paskolas (LT1576 ir LT1762).

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.