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.

PL0001279

Goal
25,236 €
Raised
25,236 €
100%
Return rate
From 12.5%
Rating
A
Period
48
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 had been steadily expanding it ever since. Currently, 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
  • KVERNELAND plough (2010)
  • BATYRA cultivator (2019) 
  • AGRO-LIFT disc harrow (2022)
  • APV catch crop seed drill (2022)
  • POTTINGER spreader (2000)
  • AGROMET manure spreader
  • WARFAMA baler (2010)
  • AUTOSAN trailers 2x 

The farmer plans to use the funds for working capital. He will purchase fertilisers and seeds and use the remaining funds to prepare the land for the 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. 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 fertiliser.

The farmer plans to further expand his farm over the next few years, in particular, he plans to purchase 16ha of land adjacent to his farm. 

This is his third loan from HeavyFinance and it's a part of big financing in order to prepare his land for the biogas plant construction.

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.