Susikurkite paskyrą vos keliais žingsniais ir pradėkite investuoti jau dabar!
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.
PT0000664
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Dirbama žemė | 9.00 ha | 8.00 ha |
| Revenue |
| Net profit |
| Equity ratio |
Documents
Payment schedule
About the project
With this project, HeavyFinance investor community can lend money to a small wine producer Crista Lusitana. The owner of the company inherited a vineyard in 2019 and started producing wine following his family traditions.
The company sold 6.000 bottles in 2020 and 30.000 bottles in 2021 after signing the contract with a wine retailer Skilser Group. The owner of the vineyard seeks to continue increasing production and therefore is looking for ways to expand the vineyard and purchase more equipment. Currently, part of the equipment being used for winemaking is being rented.
To attract more external capital, the company submitted an application to the EU program supporting agriculture. Funding is needed to improve and complete the wine cellar and production facilities in the warehouse they already own. In the meantime, to keep up with the pace, the company is seeking to get a loan from HeavyFinance investor community to purchase wine bottles to get the wine ready to be delivered to retailers.
Area of declared land: 9 ha of which 8 ha is owned
Annual interest - 12%
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.