Ūkio paskola

Dimitrovi IV Ltd. has been operating in Popovo, Bulgaria since 2009. The company cultivates 252 hectares of farmland, with the majority of its produce—wheat, organic sunflower, and alfalfa—sold in the European market. Dimitrovi IV Ltd. is well-equipped for its agricultural operations, owning essential machinery such as a combine harvester, tractor, and various other implements required for harvesting and processing.

The company is already familiar to the HeavyFinance investor community. To date, Dimitrovi IV Ltd. has raised ten loans through the platform, amounting to a total principal of €423,270, of which €308,848 has already been repaid. The company currently has an outstanding balance of €114,422 with no outstanding overdues.

Now, the company is seeking €63,800 in additional financing. Part of the funds will be used to co-finance the purchase of agricultural equipment under an EU-approved project, while the remaining amount will support the company's working capital needs.

The farmer is eligible to receive the EU subsidy with the minimum amount of € 91,2K which will be used as a security measure for this loan. The subsidy to farmers supported under schemes and measures of the Common Agricultural Policy, including the scheme Single Payment per area from the State Fund Agriculture will be paid to the farmer's account where HeavyFinance has full access to the pledged receivable.

As an additional guarantee, Bioinvest Ltd., a company owned by the project owner’s father, and the father himself, will act as guarantors. Bioinvest Ltd. is also well known among the HeavyFinance investor base, having successfully repaid all three of its loans totaling €79,000.

Dimitrovi IV Ltd. has demonstrated strong repayment discipline on the HeavyFinance platform and continues to be a reliable borrower with a proven track record.