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.

PL0001512

Goal
10,000 €
Raised
10,000 €
100%
Return rate
12%
Rating
A
Period
36
Time left
LTV
67%
Country
Poland
Loan purpose
Investment to increase production
Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxxx Xxxxx
Xxxxxxxx 4, 87-125 Xxxxx Xxx Xxxłą
header_1 Declared Owned
Farming land15.00 ha11.86 ha
20222021
Revenue 56,479.00 € 8,655.00 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule
In 2019 the farmer received part of the farm (5 hectares) from his father and recently bought another 6,86 hectares.

He focuses on milk production and currently keeps 15 heads of adult Holstein-Freisian cows, plus 5 heifers under performance evaluation. The cows have a monthly yield of approximately 11,000L. The milk is sold to OSM Łowicz dairy.
The farmer produces the feed himself from purchased grain. The farm is managed entirely by himself.
 
The project owner uses such machinery as:
  • MCCORMICK Gmax 125 TRACTOR (2013)
  • URSUS C-360 TRACTOR
  • UNION IBIS 4 furrow plough
  • BLANCHER 3200L sprayer
  • MeETALTECH spreader 
  • AMAZONE1500L rotary harrow
  • AGROMASZ disc machine
 
The client sows intercrops in the form of a Gorzow mixture. Straw is returned to the field in manure. Crop rotation is subordinated to cow farming and consists of 11ha of maize as well as 4,45ha of grass with lucerne.

The young farmer plans to buy 30-35 cows this year and switch to no-till in the future. The financing from HeavyFinance will be used to prepare for the purchase of more cows.


NOTE: Farmer started in late 2019 hence the small revenue in 2020 and 2021. The revenue for 2023 is already almost half of 2022 revenue and farmer expects the final amount to be higher than the last year.

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.