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.

PL0001671

Goal
43,280 €
Raised
43,280 €
100%
Return rate
From 13.2%
Rating
B
Period
48
Time left
LTV
47%
Country
Poland
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner Address
Xxxxxxxxxx Xxxxxxxxxx Xxxxł Xxxxł Xxxxxńxxx
Xxxxęxxxxxx 67, 87-148 Łxxxxxxx
header_1 Declared Owned
Farming land42.00 ha9.00 ha
20222021
Revenue 152,059.00 € 100,680.00 €
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 heavy1671 and get 2.00% cashback.

The farmer focuses on breeding dairy cows since 2012 and as of now has 21 milking cows and 15 heifers for herd renovation. He buys cattle feed from Blattin Polska. The type of production in the field is wheat approx. 40%, sugar beet approx. 35%, corn for silage for cattle 15% and the rest are pastures for animal feed production. 


The machines on the farm include:  
  • FARMTRAC Ceis MX120 tractor 
  • PROMAR trailed sprayer
  • disc grain seeder 
  • aggregate
  • subsoiler plough 
  • disc harrows
  • manure spreader 
  • trailers x2

The farm uses a corded milking machine to make milking more efficient. He plans to increase milk production as well as cattle breeding. He manages and works alone on the farm. When the workload increases, he hires workers on a regular basis.
Financing from HeavyFinance will be used to purchase fertilizers and for working capital.

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.