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.

PL0002818

Goal
32,984 €
Raised
32,984 €
100%
Return rate
From 12.1%
Rating
A
Period
48
Time left
LTV
50%
Country
Poland
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner Address
Xxxxxxxxxx Xxxxxxx
Xxxxxxxx 3, 59-407 Xśxxxxxóx
header_1 Declared Owned
Dirbama žemė36.88 ha18.55 ha
20242023
Revenue 79,647.95 € 122,101.93 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule
The farmer has been running his farm since 1997, when he took over 5.44 ha of land from his brother (previously managed by their parents). Since then, he has gradually expanded the operation by purchasing and leasing additional land. Currently, the farm covers 36.88 ha, consisting of 18.55 ha of owned land and 18.33 ha leased since 1999.

He works on the farm with the help of his wife and does not employ any additional workers. The sowing structure includes 15.5 ha of corn, 5 ha of sugar beet, 4 ha of wheat, 4 ha of rapeseed, and 3.5 ha of winter barley. The farm is focused exclusively on crop production, with no animal husbandry.

In terms of equipment, the farmer has recently invested in two key machines to support his production:

Woprol field sprayer (2020)
3-meter Poznaniak seed drill with Bomet active harrow (2024) 

Over the next 5 years, the farmer plans to expand the cultivation area and increase corn and sugar beet production by 10%. The main objective is to intensify plant production and maintain profitability. The funds from the HeavyFinance loan will be used to purchase fertilizers and plant protection products for the upcoming season.

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.