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.

PT0001192

Goal
37,000 €
Raised
37,000 €
100%
Return rate
16%
Rating
C
Period
48
Time left
LTV
69%
Country
Portugalija
Loan purpose
Technikos įsigijimui
Business information
Security measures
Loan history
Project owner Address
Xxxxxxxxxx Xxxxxxxxxx Xxxxxxx Xxxxxx
Xxx Xxxxxxxxxx Xúxxx Xxxxxxxx Xxxxxx xº 15 xx Xxxxx, 2550-500 Xxxxxxxx- Xxxxxxx, Xxxxxxxx
header_1 Declared Owned
Farming land7.50 ha8.00 ha
20212020
Revenue 32,632.26 € 45,187.08 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule

Ricardo Santosas savo ūkį valdo jau 11 metų. Vermelha, Portugalijoje, įsikūręs ūkis buvo perduodamas iš kartos į kartą ir puoselėjamas daugelį metų. Ūkininkas augina obelis ir kriaušes.


Iš viso Ricardo turi 8 ha žemės, iš kurių 7,5 ha yra dirbamos ir auginamos, kurias jis parduoda ūkininkų kooperatyvui.


Ūkininkas taip pat turi dvi ankstesnes "HeavyFinance" paskolas, kurias laiku mokėjo. Iki šiol bendras aktyvus paskolos likutis yra 27 336 EUR. 

Dabar jis siekia gauti papildomą 37 000 EUR paskolą, kad galėtų įsigyti naują traktorių, kurio vertė 53 700 EUR. Paskola bus užtikrinta pačiu įsigyjamu traktoriumi, o LTV - 69 %.


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.