Create an account to make your first investment in only few steps!
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.
PL0001352
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 26.00 ha | 17.00 ha |
| 2022 | 2021 | |
|---|---|---|
| Revenue | 21,029.00 € | 12,644.00 € |
| Net profit | - | - |
| Equity ratio | - | - |
Documents
Payment schedule
To help a farmer collect funds faster, we offer you to earn even more. When investing, use the promo code heavy1352 and get 2.00% cashback.
The farmer inherited the farm from his parents in 2011. Since then he runs the farm independently and employs a seasonal labourer. Currently, the farm is a beef cattle production unit and there are 12 beef cattle on the farm.
The structure of the crops, subordinated to the cattle production: maize (12ha), cereals (7ha) and 7 hectares of pastures.
The farmer cultivates the soil by ploughing using such machinery as:
- Schaffer loader (2018)
- Promar self-wrapper (2016)
- Kuhn grass rake (2012)
- Jarmet field sprayer (2014)
- Steyr 85km tractor
- plough
- aggregate
The farmer plans to switch to milk production. With funding from HeavyFinance, he will buy 15 dairy cows ready for milking. He bought the tank and milking machines and converted the barn to dairy cows - all by himself. The infrastructure will allow him to increase his herd to 40 head.
He will sell the milk to Mlekovita or Hochland, while he has so far sold the beef cattle to two trusted customers.
The income from the sale of the milk will allow him to pay the instalments every month.
To become more sustainable, the project owner has installed solar panels to heat water and is planning to buy photovoltaic panels and switch to no-till farming.
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.