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.

PL0001275

Goal
63,051 €
Raised
63,051 €
100%
Return rate
From 13.7%
Rating
A
Period
36
Time left
LTV
50%
Country
Poland
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxł Xxxxxxxxxx
Xłxxęxxx 74, 09-320 Xxxżxń
header_1 Declared Owned
Farming land30.00 ha26.00 ha
20222021
Revenue 75,864.00 € 34,353.00 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule
The farmer took over the 1ha farm from his parents in 2008 and has been steadily expanding it ever since. At the moment the farm consists of 30ha of which he owns 26ha. The farmer is involved in both arable farming and dairy farming. At the moment his herd has 17 dairy cows and he grows 10ha of wheat and 16ha of maize.
On the farm, he uses machinery such as: 

  • DEUTZ-FAHR tractor (2010)
  • URSUS 3512 tractor 1994
  • KVERNELAND plough 2010
  • BATYRA cultivator 2019r
  • AGRO-LIFT disc harrow 2022
  • APV 2022 catch crop seed drill
  • POTTINGER spreader 2000r
  • 2x AUTOSAN trailers 1995
  • AGROMET manure spreader 1995
  • WARFAMA baler 2010


The farmer plans to use the funds for working capital and preparing a plot of land for leasing a biogas plant. 
As there is a high concentration of pig and poultry farming in the district where the farm is located, a substrate for biogas production is available. Farmer is negotiating a contract with a Lithuanian company right now. The biogas plant is to be built on one of the farmer's fields: the land will first be leased and then purchased. An additional advantage is that he will have access to cheap fertilizer. 

The farmer plans to further expand his farm over the next few years, in particular, he plans to purchase 16 hectares of land adjacent to his farm.
The farmer is already known by the HeavyFinance investor community as he has a loan PL0000670 which currently has an active balance of €20 416.03 

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.