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.

PL0000928

Goal
16,300 €
Raised
16,300 €
100%
Return rate
14%
Rating
B
Period
36
Time left
LTV
57%
Country
Poland
Loan purpose
Refinancing
Business information
Security measures
Loan history
Project owner Address
Xxxxxxxx Xxxxxxx
Xxxóx Xxxxx 32, Xxxóx 62-586
header_1 Declared Owned
Farming land20.00 ha12.00 ha
20212020
Revenue 14,905.00 € 27,092.00 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule
The farmer has been providing his farm since 1999. His main business is breeding milk cows and crop production. Waldemar supplies his local dairy company (dairy in Łowicz). He also sells cows to the local farmers.

His 32ha of land helps to cultivate corn and other cereals to feed his cows and to be more independent from feed manufacturers.

The farmer uses such equipment as:
  • fodder wagon
  • Farmtrac tractor
  • plowing and sowing units
  • 2 trailers
The loan from HeavyFinace will help the farmer to repay his previous loan with another financial institution. The loan is backed by a pledge on a SILOKING fooder mixer

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.