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.
LT0002876
Project owner | Address |
---|---|
header_1 | Declared | Owned |
---|---|---|
Farming land | 120.69 ha | 2.00 ha |
2024 | 2023 | |
---|---|---|
Revenue | 59,982.00 € | 108,303.00 € |
Net profit | 16,483.00 € | 34,977.00 € |
Equity ratio | 29.06% | - |
Investment calculator
Pick one of the suggested or type in your own amount to see interest rate and preliminary earnings. 12%
0.00 €
We invite you to invest in a loan for the farm in Telšiai district. The farm has been operating for 10 years. It is equipped with machinery suitable for sustainable no-till farming practices.
Currently, the farm declares 120 hectares of land, of which 2 hectares are owned. The majority of the land – about 105 hectares – is sown with grass, and 25 hectares are used for growing corn. Both crops are cultivated for fodder production, and any surplus is sold as produce.
The farm also raises calves – currently around 20 head – with plans to expand the herd to 120 heads over the course of 2025. The calves are purchased young, raised on the farm, and later sold either for meat or for further fattening by other farms.
It is worth mentioning that the farm has already successfully repaid four previous loans through HeavyFinance, totaling in €118,000. Funds are needed for the purchase of a new rake with support from the National Paying Agency (NMA).
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.