Create an account to make your first investment in only few steps!
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.
PL0001174
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 17.65 ha | 17.65 ha |
| 2022 | 2021 | |
|---|---|---|
| Revenue | 301,436.00 € | 129,145.00 € |
| Net profit | - | - |
| Equity ratio | - | - |
Documents
Payment schedule
To help a farmer collect funds faster, we offer you to earn even more. When investing, use the promo code Heavy1174 and get 1.00% cashback
Thanks to financing from HeavyFinace Karolina was able to grew her farm from 3,77 hectares to 17,65 hectares total - she owns the whole land. She was also able to buy New Holland tractor and Gaspardo sprayer as well as couple of smaller machines. The farm is currently developing very quickly and their main goal for the next 3 years is to streamline processes and invest in the farm's infrastructure and expand it’s area.
The farmer inherited the farm from her grandparents where she worked for the past 15 years. She is now the main person managing the farm, but her family continues to help her with the day-to-day operations. In addition, she has an agricultural degree.
The farm specializes in cucumbers, courgettes, and lettuce. The farm recently received money from subsidies for its development. The farm is well-equipped with various machines, such as; NEW HOLLAND tractor (2021) and GASPARDO sprayer (2021) - bought thanks to HF financing, CRUSH 2 tapes for harvesting vegetables (2014), WICHER cultivating unit (2014), KOS cultivating unit (2020), AGROLUX 4 furrow plow (2010), CHECCI MAGLI seedbed moulder (2014), CHECCI MAGLI fertilizer reseeder (2014), CHECCI MAGLI four-row vegetable planter (2014), and many more.
With the loan funds, the farmer plans to purchase a tractor, a vegetable planter and a stubble unit. The farm is currently in the process of negotiating a contract with one of the largest grocery shop chains in Poland as a supplier of vegetables to their shops, and is purchasing machinery to comply with the contract requirements. To secure the loan, the purchased equipment will be pleaded, and the borrower's father Marcin Dąbrowski also provides personal surety.
This is the farmer’s eighth loan with HeavyFinance, the businesswoman has borrowed in total of 344 387,00 € from the HeavyFinance investor community and has been partially repaid the principal amount. Her active loan balance on the HeavyFiannce platform is 275 054,30 € with the total collateral value of 521 346 €. Investors has already earned 24 212,24 € in interest.
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.