Create an account to make your first investment in only few steps!
Agriculture loan
+State guarantee
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.
LT0001764
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 97.04 ha | 30.13 ha |
| 2022 | 2021 | |
|---|---|---|
| Revenue | 240,682.00 € | 164,499.00 € |
| Net profit | 115,135.00 € | 72,394.00 € |
| Equity ratio | 66.49% | - |
Documents
Payment schedule
HeavyFinance invites you to invest in a loan for a mixed farm that has been established in the Tauragė district since 2021. He inherited the farm from his mother. The farmer currently declares 97,04 ha of arable land, of which 30,13 ha is owned.
The farmer grows cereal crops, which are used to prepare fodder, and cows. Part of the animals are used for milk production and the other part is used for meat.
The farm uses two tractors, forage preparation equipment such as a baler, mowers, trailers and cultivation equipment. The farmer works alone on the farm, with occasional help from family members.
The farmer approached the HeavyFinance community with a request for a loan to buy a more powerful tractor. The loan will be secured by the tractor to be purchased and a government guarantee.
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.