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.

PL0001652

Goal
36,500 €
Raised
36,500 €
100%
Return rate
From 13.1%
Rating
B
Period
36
Time left
LTV
74%
Country
Poland
Loan purpose
Farm buildings purchase/construction
Business information
Security measures
Loan history
Project owner Address
Xxłxxxx Xxłxxxx Xxxxxx
Xxxłxx Xóxxx 4X, 08-504 Xłęż
header_1 Declared Owned
Farming land257.70 ha59.79 ha
20222021
Revenue 86,913.00 € 53,305.00 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule

To help a farmer collect funds faster, we offer you to earn even more. When investing, use the promo code heavy1652 and get 2.00% cashback.

Meet our young and dynamic farmer who has transformed his farm from just a small plot of land to an impressive 257 hectares. This entrepreneur has been consistently increasing generated revenues and expanded the arable field by 70 hectares just last year.

This is already the sixth loan for this farmer (with two being green loans and one being fully repaid), who thanks to the HeavyFinance investor community, was able to finance the growth of the farm.

The farm is planted with 120ha of corn and 30ha of sunflowers. Due to the farm's rapid expansion, he rents most of his machinery, but the farmer owns a 2011 John Deere 6430 Premium tractor and a 2012 Maschio Gaspardo baler. The farmer is awaiting a refund from the Rural Development Programme of 250 000 PLN, which he will use to purchase machinery, and a refund of 600 000 PLN, which he will use to construct or modernize buildings on the farm.

With previous funds, the farmer bought a new seeder, a new no-till unit, and put a hall for machines on the farm. He also bought 15 hectares of land.

Thanks to this loan from HeavyFinance, the farmer will be able to prepare the land for the construction of silos and the erection of a maize dryer.

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.