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.

PL0001215

Goal
26,950 €
Raised
26,950 €
100%
Return rate
From 9.5%

Rating
A+

Period
24

Time left

LTV
62%

Country
Poland

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxłxx Xxxxxxx Xxxxxx
86-014 Xxxxxxxx
header_1 Declared Owned
Farming land14.00 ha14.00 ha
20222021
Revenue 145,560.00 € 92,056.00 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule

When investing, enter the bonus code radarom to support Ukraine. HeavyFinance will add 1% to your investment and transfer it to the organisers of the Radarom campaign.




The farmer has been running the farm for over 28 years. It was inherited from his parents with 7 hectares of land. As of today, the farm area covers 14 hectares all of which is orchard production.

Jarosław produces dessert-quality fruits because they ensure sales and profitability of the farm. By using covers (foil tunnels, anti-hail nets) he became independent from weather conditions, this way he can ensure constant delivery times during, for example, unfavorable weather conditions.

The farmer grows such fruits as:
  • cherries under hail protection net (5 ha)
  • plums (2 ha)
  • strawberry (1,5 ha)
  • raspberry in polytunnels (1,5 ha)
  • blackberry in polytunnels (0,5 ha)
  • dessert currant (0,5 ha)
  • raspberry and blackberry without covers (2 ha)

Equipment used on the farm:
  • BC tractor
  • PASQUALA tractor
  • HINOMOTO tractor
  • DITTA orchard manure spreader
  • DITTA orchard mower
  • FISCHER orchard mower
  • N.BLOSI self-propelled orchard platform
  • KOMATSU forklift
The farmer has cold storage buildings with a capacity of 200 t, as well as a sorting plant in which fruits are prepared for sale and shipment.
All crops are irrigated with the possibility of fertilization (fertigation) controlled by a modern computer (fertilizer mixer) by Watermill.
The project owner has long-term contracts with supermarkets throughout the whole country.

Financing from HeavyFinance will help the farmer with the working capital.


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You can support the initiative to buy tactical radars for Ukrainian fighters. HeavyFinance will add 1% to your investment amount and send it to the NGO’s organising this initiative.

More about the initiative: https://www.radarom.lrt.lt/en

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.