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.
LT0001449
Project owner | Address |
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header_1 | Declared | Owned |
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Dirbama žemė | 152.80 ha | 2.00 ha |
2022 | 2021 | |
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Revenue | 322,585.00 € | 193,077.00 € |
Net profit | 201,103.00 € | -51,866.00 € |
Equity ratio | 46.08% | - |
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This project provides the HeavyFinance investor community with an opportunity to invest in the development of the Lithuanian farm.
The farmer has been engaged in farming since 2015, and now she is developing a 152 hectares crop farm in the Pakruojis district. Most of the land is rented, and the farmer herself owns 2 ha. The farm grows crops such as wheat, rapeseed, broad beans, and peas.
The entrepreneur has other plans for the further development of the farm - in the future, she plans to acquire more arable land suitable for crop production and expand her agricultural activities.
The farm's heavy-equipment fleet consists of two tractors, a combine harvester, a seed drill, and other necessary equipment, which is essential for efficient work.
With help from the HeavyFinance investor community, the businesswoman has purchased a combine harvester, a mounted fertilizer spreader and a telescopic loader from funds received on two of her previous loans (LT0000068, LT0000093). All the payments are being made on time.
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.