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.

BG0001229

Goal
52,500 €
Raised
52,500 €
100%
Return rate
From 9.6%

Rating
A+

Period
22

Time left

LTV
70%

Country
Bulgaria

Loan purpose
Equipment purchase

Business information
Security measures
Loan history
Project owner Address
XXX Xxxxxxxxx XX, Xxxxxxx Xxxxxxxxx
Xxxxxx xxxx
header_1 Declared Owned
Farming land270.00 ha20.00 ha
20212020
Revenue 635,000.00 € 367,000.00 €
Net profit 83,500.00 € 48,700.00 €
Equity ratio 33.32% -
Project description
Documents
Payment schedule

When investing, enter the bonus code radarom. HeavyFinance will add 1% to your investment and transfer it to the organisers of the Radarom campaign.


Dimitrovi IV Ltd. has been operating in Popovo, Bulgaria since 2009. The total cultivated area of the company is 270 hectares, which the company had extended its farm territory by 20 hectares in 2022.

The farmland is now allocated for wheat (120 ha), organic sunflower (120 ha), and alfalfa (30 ha), their produce is mainly sold in the European market. The company has all the necessary equipment needed for harvesting, processing and other smaller implements, including the combine harvester and tractor

Dimitrovi IV Ltd. is already known by the HeavyFinance investor community. The company has fully paid two loans BG0000558 and BG0000689 on the HeavyFinance platform, with a total principal amount of 113 600 €. Currently, the company has one existing loan BG0001010 with an active balance of 15 000 € of which they have been meeting its obligations on time with zero delays.

Now, they are looking for additional finance of 52 500 € which will help increase its working capital. To secure the loan, the company offers a tractor together with five pieces of attachment as collateral. In addition, the company "Bioinvest Ltd." which belongs to the project owner's father is providing a guarantee for an extra measure of the loan.


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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.