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.

PL0000991

Goal
40,780 €
Raised
40,780 €
100%
Return rate
From 13.6%
Rating
B
Period
48
Time left
LTV
66%
Country
Poland
Loan purpose
Land purchase
Business information
Security measures
Loan history
Project owner Address
Xxxxxxx Xxxxxxxx
Xxxx Żxxxxxx 20, 99-107 Xxxx Żxxxxxx
header_1 Declared Owned
Dirbama žemė32.50 ha22.00 ha
20212020
Revenue 44,671.00 € 12,329.00 €
Net profit - -
Equity ratio - -
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 Heavy991 and get 3.00% cashback.


The owner inherited a farm of 12 hectares in 1992 and since then he increased it to 32,4 hectares (of which he owns 22ha).

The farmer is currently changing the profile of the farm from livestock production to crop production (corn 6ha, rapeseed 3ha, wheat 15ha, beetroots 7ha, cucumbers 0.5ha, rye 1ha).

The farmer consistently invests in the farm by buying new machinery. He's currently using:
  • New Holland t6160 front loader - 2020
  • AGRO MASZ 2020) seeder
  • AGRO MASZ (2020) 6-Row corn seeder
  • URSUS C330 tractor
  • PROMAR Trailer PT12
  • SANOK D12 TRAILER X2
  • Disc harrow 3m
  • UNIA cultivating unit 4,80m
  • Rotary plough
The farmer has contracts for the sale of beet, grain, and maize with the company Rotex.
A loan from HeavyFinance, will allow the farmer to buy more land. In the future, the project owner plans to build a shed to hold the machinery.

In 2021 the farmer earned 6 487 € from subsidies.
In 2022 the farmer earned 7 187 € from subsidies.

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.