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.

LV0000862

Goal
4,800 €
Raised
4,800 €
100%
Return rate
13.5%

Rating
B

Period
17

Time left

LTV
26%

Country
Latvija

Loan purpose
Apyvartinio kapitalo padidinimui

Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxx
Xxxxxxxxxxxxxxx xxxxxx, Xxxxxx xxxxxxx, ’’Xxxxīšx’’
header_1 Declared Owned
Farming land86.00 ha12.00 ha
20212020
Revenue 25,212.00 € 27,047.00 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule
2018 m. veiklą pradėjęs projekto savininkas daugiausia dėmesio skiria augalininkystei. Ūkininkas valdo 86 ha plotą, iš kurių 43 ha skirta miežiams ir kviečiams auginti. Šiuo metu ūkyje taip pat laikoma 18 mėsinių galvijų ir 12 kiaulių.

Technikos parką sudaro kombainas, 3 traktoriai, grėblys, presas, barstytuvas ir kelios priekabos.

Šiuo metu ūkininkas nori plėsti savo ūkį. Jis skolinasi iš "HeavyFinance" bendruomenės 4 800 EUR, kad galėtų padengti didėjančias degalų išlaidas. Paskola bus užtikrinta traktoriaus įkeitimu



Tai trečiasis ūkininko projektas "HeavyFinance" platformoje. Jo aktyvus paskolos likutis yra 14 700 € (LV0000468, LV0000641). Visos įmokos buvo įvykdytos laiku, be jokių vėlavimų.

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.