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.
LT0002061
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 73.68 ha | 58.22 ha |
| 2023 | 2022 | |
|---|---|---|
| Revenue | 68,389.00 € | 146,732.00 € |
| Net profit | 19,330.00 € | 47,618.00 € |
| Equity ratio | 85.59% | - |
Documents
Payment schedule
To help a farmer collect funds faster, we offer you to earn even more. When investing, use the promo code heavy2061 and get 2.00% cashback.
We invite HeavyFinance community to invest in a loan for a mixed farm. The farmer has been farming since 1995. The farm was given to her by her parents. The farmer declares 73,68 ha of land in Šilutė district, of which 58,22 ha are owned.
Now farmer grows grass in order to make hay and to feed to the cattles. The farmer has couple of milking cows and around 100 beef cattles. The farmer sells majority of cattles to UAB Raskafas and this company exports majority of cattles to Israel.
This year the farmer is seeding corns and wheat.
She works together with her husband and sons on the farm.
The farmer has been participating in EU projects and has bought Case tractor, coil baler wrapper, rake and other necessary smaller pieces of equipment.
This is farmer's second loan on HeavyFinance platform. Now she is asking for a loan to increase working capital. The farmer plans to increase his farmland and also increase the number of cattles.
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.