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.
BG0001197
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 44.29 ha | 2.00 ha |
| 2021 | 2020 | |
|---|---|---|
| Revenue | 22,173.14 € | 21,177.00 € |
| Net profit | - | - |
| Equity ratio | - | - |
Documents
Payment schedule
When investing, enter the bonus code radarom to support Ukraine. HeavyFinance will add 1% to your investment and transfer it to the organisers of the Radarom campaign.
The owner of the project has been farming in Kyustendil region, Bulgaria since 2016. Over the years he has expanded from 23 ha to 44 ha and now owns a mixed farm where he grows plums, peaches, wheat, millet, pastures, and breeds cattle and goats for milk and meat.
The farmer also provides additional services such as mowing and cleaning meadows. That is how he acquires hay, which he sells to other farmers. Additional services provided to other farmers give him the opportunity for extra income. The farmer rents out the following equipment: tractor, disc harrow, seeder, plough, mower, haymaker, ball press and boom sprayer.
The project owner has borrowed 16 170 € from the Heavy finance investor community in order to increase the working capital, the loan was backed by a pledge on two items of machinery. He has been meeting his obligations in a timely manner, the loan balance is 10 924€ today.
Now the farmer wants to expand his business by buying cattle and increasing his farm territory. To achieve that, the businessman needs additional finance from the HeavyFinance investor community.
Radarom!
Just a year ago, a violent war had broken out in Ukraine. It changed lives in Ukraine as well as in Europe. During this time we all showed extraordinary unity.
Now our dear Ukrainians need multifunctional tactical radars. The objective of these radars is to watch over the airspace around strategically important Ukrainian objects as powerplants, water towers, etc. that help to ensure the usual life of ordinary Ukrainians during wartime.
You can support the initiative to buy tactical radars for Ukrainian fighters. HeavyFinance will add 1% to your investment amount and send it to the NGO’s organising this initiative.
More about the initiative: https://www.radarom.lrt.lt/en
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.