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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.
LT0002815
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 159.13 ha | 60.00 ha |
| 2024 | 2023 | |
|---|---|---|
| Revenue | 89,126.00 € | 43,844.00 € |
| Net profit | 57,141.00 € | 31,086.00 € |
| Equity ratio | 60.29% | - |
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We invite you to invest in a promising mixed farm!
The farm was established in 2015, specializing in raising Aberdeen Angus beef cattle, but also engaged in growing grain crops. The farmer supplies his farm with both grass and grain feed himself, ensuring high-quality animal nutrition. This year, the farm manages about 159.13 hectares of arable land.
The farmer has essentially separated from the family farm, but works next to his father's farm, which allows him to use his long-term family farming experience and knowledge.
The farm uses modern and versatile equipment, including two tractors, a combine, mowers, a round baler, a rake, a plow, cultivators, a seed drill, a loader, trailers and other necessary equipment. This equipment ensures high-quality agricultural work and effective livestock management.
The farmer currently has a loan on HeavyFinance platform, which he pays on time.
Currently, the farm needs a loan to increase turnover and thus increase farm productivity.
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.