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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.

BG0002917

Goal

15,000 €

Raised

15,000 €

Return rate

15%

Rating

Period

Time left

LTV

Country

Bulgaria

Loan purpose

Working capital

Business information

Security measures

Loan history

Project owner	Address
Xxxxxxx Xxxxxxxxx	Xxxxxxx Xxxxx xxxx, xxxxxxxxxxxx Xxxxxx, xxxxxx Xxxxxx,

header_1	Declared	Owned
Farming land	144.71 ha	0.00 ha

	2024	2023
Revenue	62,888.90 €	44,993.69 €
Net profit	12,782.30 €	38,346.89 €
Equity ratio	40.77%	-

Project description

Documents

Payment schedule

Lilyana has been actively farming since 2012 in the Vratsa district, where she currently manages 144.71 hectares of organically certified pastures. Over the years, she has steadily expanded her agricultural activities, producing hay and breeding 78 horses on her farm. Lilyana also takes part in soil fertility programmes and is committed to maintaining the condition of permanent grasslands.

Her farm is equipped with the necessary machinery for hay production, and she continues to grow both in land size and livestock count every year. Farming is a family tradition—her daughter is closely involved in the business and will act as a guarantor for this loan.

Lilyana is a familiar and reliable borrower within the HeavyFinance investor community. She has taken out six loans with us to date—four of which have already been fully repaid. The two remaining loans are active and performing, with no delays in payments. The current outstanding balance stands at €37,355.53, all of which is fully collateralized.

This time, Lilyana is requesting a short-term loan for a 4-month period to finance urgent mowing works across her pastures during the peak season. The loan will be secured by a second pledge of her expected EU subsidy for 2024, amounting to €43,738.76. This subsidy is already pledged as the primary collateral for loan ID BG0002163, which currently has a remaining balance of €29,466.62. The new loan will take a second-lien position on this subsidy. In addition, Lilyana’s daughter will provide a personal guarantee to further secure the loan.

With a strong repayment history, continued farm growth, and a secured structure, this loan offers investors a short-term opportunity backed by a trusted and experienced borrower.

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.