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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.
LT0001384
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 44.32 ha | 0.00 ha |
| 2022 | 2021 | |
|---|---|---|
| Revenue | 217,756.00 € | 209,100.00 € |
| Net profit | 60,104.00 € | 60,196.00 € |
| Equity ratio | 57.25% | - |
Documents
Payment schedule
With this project, we invite you to invest in the development of a Lithuanian company engaged in meat production.
Hantera, UAB, founded in 2012, is engaged in the breeding of wild animals and cattle and the trade in the game products. Red deer, David's deer, Daniels, Mouflons, Shetland ponies, and pure-bred Highland and Angus bulls are bred in the areas managed by the company. Currently, there are 208 units of cattle to date, as well as 149 deer.
There is a slaughterhouse on the farm, for which operation has received a permit from the State Food and Veterinary Service, which gives the right to provide food handling services. The company also has a meat packinghouse, which produces canned meat. The company sells its products at various fairs and exhibitions. The meat from deer and beef cattle is transported for processing and then sold to customers, with the bulk of the production going to Poland.
Besides, from 2015 Hantera receives annual financial support from the Ministry of Agriculture - payments for beef cattle breeding. The firm participated in the Lithuanian Rural Development Program 2014-2020 and has received support for the modernization of the technical fleet. The farm has officially declared about 44 hectares.
The enterprise employs two workers and at the same time the owners, which saves considerable labour costs. The farm is equipped with all modern machinery - tractors, grass cutters, balers, trailers, etc., livestock sheds.
The growth of the company's profit largely depends on the number of offspring on the farm and purebred cattle breeds. Therefore, the main goals of the company are to increase the growth of cattle and increase the capacity of the meat packinghouse. To successfully implement the goals, the company is seeking to borrow EUR 84 000 for working capital, which will be used for the renovation of the barns and for the purchase of breeding cattle.
You can find out more about it and the activities of the farm on their website: https://hantera.lt/
Hantera, UAB is already known by the HeavyFinance investor community as the company previously borrowed 56 100 € (LT00000157) for a purchase four technical units. The first loan was guaranteed by an 80% individual guarantee provided by a governmental development institution Agricultural Credit Guarantee Fund. The active loan balance is 37 547 €, all interest payments has been executed on time. A second loan of 60 000 € (LT0000750) is also being paid on time and has a balance of 40 206,90 €.
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.