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.

LT0001930

Goal
15,000 €
Raised
15,000 €
100%
Return rate
12%
Rating
A
Period
19
Time left
LTV
-
Country
Lithuania
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxūxxx Xxxxxxxxx
Žxxxų x. 3, Xxxxxxčxų x., Šxxxų x. xxx.
header_1 Declared Owned
Farming land69.90 ha2.00 ha
20222021
Revenue 55,825.00 € 32,201.00 €
Net profit 26,405.00 € 19,506.00 €
Equity ratio 57.59% -
Project description
Documents
Payment schedule

To help a farmer collect funds faster, we offer you to earn even more. When investing, use the promo code heavy1930 and get 2.00% cashback.


Invest in a sustainable crop farm in Šakiai district!


Welcome, investors!

With this project, we invite you to contribute to the development of a sustainable crop farm in Šakiai District. A young farmer grows high quality wheat and rapeseed on his farm.

The main characteristics of the farm are:
- Land area under management: 69,6 ha (2 ha owned).
- Farming with his father, who declares 187,54 ha of land (66,45 ha owned).
- The family collectively manages 257,14 ha of land.

Technical equipment:
- Combine harvester.
- Two tractors.
- Telescopic handler.
- Truck.
- Other smaller machinery for efficient farming.

Investment history:
The farmer is already known to the HeavyFinance investor community with a history of three loans totalling €27 470. All loans were repaid on time.

Current amount needed:
The farm is currently borrowing to increase working capital to support expansion. 

Join this promising growth and let's ensure its sustainable development together!

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.