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.

PL0001193

Goal
35,400 €
Raised
35,400 €
100%
Return rate
From 11.6%
Rating
A+
Period
48
Time left
LTV
48%
Country
Poland
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xłxxxxxx Xxxxxxxxxxx
62-704 Xxxęxxxx
header_1 Declared Owned
Farming land200.00 ha31.50 ha
20222021
Revenue 827,125.00 € 313,143.00 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule
The farm is located in Żdżary, Wielkopolskie Voivodeship. Żdżary is a small village famous mainly for agriculture. In 1989 the farmer inherited a farm with an area of about 31.5 hectares, which he expanded to an area of 150 hectares by leasing land. Currently, the whole land is around 200 ha.
Production is carried out on the farm crop and animal production - breeding Holstein- Frisian dairy cattle. The following crops are cultivated: maize (50%), meadows (30%), and cereals (20%). The farmer has been sowing for about 30 years.
Feed for cattle is made by him (only soybeans are purchased). His herd of dairy cattle currently consists of about 300 heads, including 148 dairy cows, and is growing. Ultimately, the herd is to have 160 milking cows. Currently, they are only selling newborn bulls, while the heifers are intended to expand the farm.

Agricultural machinery used on the farm:
  • Fendt agricultural tractor
  • Fendt agricultural tractor
  • John Deere farm tractor
  • John Deere farm tractor
  • Kuhn cultivating and sowing unit
  • Kuhn cultivating and sowing aggregate
  • New Holland rotary plow
  • New Holland 4-furrow round baler
  • Class loader
  • manure spreader 13 t
  • disc harrow with catch crop seeder
  • gruber
  • trailed sprayer
  • rake
  • wrapper
  • 6 agricultural trailers
  • field harrows
The farmer obtains good yields while keeping in mind the environmentally friendly economy and laying great emphasis on the good of the surrounding nature. The earned income is invested in continuously improving the farm; an example is the purchase of new agricultural machinery.
The financing from HeavyFinance will help with the farmer's current expenses.

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.