Create an account to make your first investment in only few steps!
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.
BG0000935
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 150.00 ha | 0.00 ha |
| 2021 | 2020 | |
|---|---|---|
| Revenue | 288,000.00 € | 366,000.00 € |
| Net profit | 4,000.00 € | 3,500.00 € |
| Equity ratio | 16.08% | - |
Documents
Payment schedule
The company that has been operating since 2019 specialises in the fields of agriculture and forestry.
At the moment the company manages 150 hectares of agricultural land in Haskovo district, Bulgaria of which 50 hectares are sown with almonds, 20 hectares of sour cherries, and the rest are pastures and meadows. The project owner has secured the farmland with a 10-year lease contract.
In addition, the company provides services to other farmers in the area with the agricultural equipment it has. These are 9 tractors, sprayers, disc harrows, cutters, forest mulchers, rotary shredders, front loader.
The company has one active loan on the HeavyFinance platform to update their technical fleet, all instalments have been made in a timely manner.
Now the company is borrowing from the HeavyFinance community for working capital which will be used to cover fuel and renting expenses.
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.