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.

PL0001234

Goal
23,000 €
Raised
23,000 €
100%
Return rate
From 14%
Rating
B
Period
36
Time left
LTV
82%
Country
Poland
Loan purpose
Investment to increase production
Business information
Security measures
Loan history
Project owner Address
Xxxxxxx Xxś
Xóxxóx 23, 23-100 Xxxxxxx
header_1 Declared Owned
Farming land26.00 ha5.16 ha
20222021
Revenue 182,980.00 € 82,018.00 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule

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

The farmer is the owner of the business for 26 years now. His father passed it to him with only 4 hectares. Since then he added additional 22 hectares - 20 ha in a long-term lease). Currently, the farmer works on the farm with his father.

The main income on the farm is the production of high-quality milk. The client has been awarded for the quality of its product and has certificates for assessing its quality. Currently, the client has 48 high-milking Holstein Friesian cows and one Limousine bull for breeding. Moreover, the client sells calves. Currently, milk production is up to 30,000L monthly. The farmer prepares the feed entirely himself. He cultivates corn (6 ha), wheat (8 ha), winter barley (6 ha), and rapeseed (6 ha) - all crops except wheat and rapeseed are for feed.

Equipment used on the farm:
  • JOHN DEERE 6120M tractor (2018) (purchased through cooperation with the EU)
  • JOHN DEERE 6155m tractor (2021) (purchased through cooperation with the EU)
  • URSUS C-330 tractor (1990)
  • BELARUS 952 tractor with loader (2014)
  • JOHN DEERE baler
  • AGRO grain seeder 3m (2019)
  • WopRol 1500L sprayer 
  • WopRol fertilizer spreader
  • PRONAR 14T spreader
  • PRONAR12T trailer
  • disc machine 4m
  • seeder 4m
  • subsoiler 3m
The client currently has a milk supply contract with Ozorko.
In 4 years, a photovoltaic system and solar panels will be installed on the farm. There are also plans for a small biogas plant, which will make the farm even more independent.

The goal of the project is to finance the purchase of 20 cows. The farmer wants to increase milk production as grain production is less profitable at the moment.

Revenue for 2022 consists of 5 696 € in subsidies.
Revenue for 2021 consists of 4 259 € in subsidies.


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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.