Create an account to make your first investment in only few steps!
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.
LT0001837
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 73.20 ha | 31.62 ha |
| 2022 | 2021 | |
|---|---|---|
| Revenue | 167,664.00 € | 132,882.00 € |
| Net profit | 42,211.00 € | 49,804.00 € |
| Equity ratio | 26.06% | - |
Documents
Payment schedule
We invite HeavyFinance community to invest in a loan for a crop farm in Biržai District that has been established since 2001. The farmer currently declares 73,20 ha of arable land, of which 31,62 ha is owned. The farmer together with his son controls more than 100 ha of land.
The farmer grows rapeseed, winter wheat, barley and oats.
The farm's current fleet of heavy machinery consists of several tractors, a sowing machine, a loader, a combine harvester and a dump truck with a manipulator. This year he bought a drill which will not only speed up the farm's sowing work but also allow him to cultivate the land in no-till way.
This is farmer's fifth loan on a HeavyFinance platform, payments are made on time. The farmer has repaid 3 loans in full within 2 years.
Now the farmer is asking a loan to increase the efficiency of the farm. The money will be used to pay for long-term land leases.
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.