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.

PL0001158

Goal
82,000 €
Raised
82,000 €
100%
Return rate
From 13.2%
Rating
B+
Period
36
Time left
LTV
85%
Country
Poland
Loan purpose
Investment to increase production
Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxxxx
19-222 Xąxxxx
header_1 Declared Owned
Farming land40.00 ha20.00 ha
20222021
Revenue 76,850.00 € 46,015.00 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule

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Michał Zarzecki is one of our first clients in Poland. He repays all of his 4 HeavyFinance loans on schedule. This time he needs funds to buy new machinery (Meprozet slurry tanker, Agromasz plough, Sipma wrapper) and for barn expansion (which will allow him to increase the herd number to 60 animals). This loan will also be used to repay his very first loan PL0000481.

The project owner started his activities in 2017 in the Podlaskie region of Poland. His main focus is cattle breeding (he currently has 30 cows) for dairy and the cultivation of cereals (wheat and corn).
His farm spans over 40 ha of land, 20 of which is his own land. He regularly uses his machinery like:
  • NEW HOLLAND tractor (2022)
  • GRANO-SYSTEM cultivator and seed drill (2021)
  • METAL-FACH manure spreader (2021)
  • SIPMA disc mower (2020)
  • fertilizer sprayer
This loan will be backed by the same land as in the first financing.

After refinancing loan PL0000481 farmer will have 4 loans on the platform with 139 720€ and total collateral value of 187 978€. 

The revenue for 2021 consists of 8 860 € in subsidies.
The revenue for 2022 consists of 10 456 € in 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.