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.

PL0001064

Goal
80,800 €
Raised
80,800 €
100%
Return rate
From 14.7%
Rating
B
Period
36
Time left
LTV
55%
Country
Poland
Loan purpose
Investment to increase production
Business information
Security measures
Loan history
Project owner Address
Łxxxxx Xxxńxx
Xxxxxxxxx-Xxńxxxxx 30, 18-204 Xxxxxxx Xxxxxxx
header_1 Declared Owned
Farming land64.00 ha24.00 ha
20222021
Revenue 80,826.00 € 35,487.00 €
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 Heavy1064 and get 3.00% cashback.

The farm was passed down to Łukasz in 2018 by his parents (24 hectares). He also has a long-term lease for 40 hectares. He manages the farm with the help of his father.

The farmer raises dairy cows - 20 heifers and 51 heads (Holstein Friesian), which the PFHBiPM (Polish Federation of Cattle Breeders and Milk Producers) evaluates as high-milking.
The farmer produces animal fodder himself (he only buys feed additives) so he grows corn (30ha), grain mixtures for feed (14ha) and alfalfa-clover grass (20ha). The project owner has a permanent milk contract with Mlekovita.

The following machinery is used on the farm:
  • Zetor 140hl
  • Zetor 9641
  • Zetor 90+
  • Zetor 7211
  • Ursus 60 + tur
  • Bizon Record combine
  • Potato harvester
  • Straw bale press
  • Forschit disc harrow
  • Unia plough (5 furrows)
  • Grass mower
  • Warfarma manure spreader
  • Slurry tanker
  • Feeder wagon
  • collecting trailer
During the next 3 years, the farmer plans to develop milk production further and change to newer and more efficient machinery.

One cow yields about 50 liters of milk per day. The current rate that the farmer receives per liter of milk is 0.64 €. This will increase the farmer's monthly income by about 16 896 €.
The loan from HeavyFinance will allow Łukasz to purchase 22 more high-milking cows. The cows will also secure this loan as well as 12,126 hectares of land. 

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.