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.

PL0001099

Goal
15,289 €
Raised
0 €
0%
Return rate
15.5%
Rating
C+
Period
42
Time left
LTV
80%
Country
Poland
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner Address
Xxxxxxxx Xxxxx-Xxęxxxx
Xxxxxxxxx 2, Xxxxxóx Xxxxxxxxxxxx 39-450
header_1 Declared Owned
Farming land2.40 ha2.40 ha
20212020
Revenue 7,778.00 € 7,716.00 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule
The farmer took over the farm from her father in 2004. The farm itself is a supplementary income for the client - she's a bailiff on a daily basis. She has the help of her father and brother with taking care of the farm.
On an area of 2,4 hectares, there is a mixture of crops: 1ha of cucumbers, 1ha of corn, and 0.4ha of carrots.

Machines used on the farm:
  • Zetor tractor
  • harrow
  • seeder
  • plough
The farmer cultivates the soil in a plowing system.
Funding from HeavyFinance will help the farmer with the purchase of the inputs necessary for vegetable production such as fertilizers, seeds as well as irrigation.
In the next few years, the farmer wants to focus on developing the quality of crop production.

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.