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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.
PT0002196
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 0.06 ha | 0.06 ha |
| 2023 | 2022 | |
|---|---|---|
| Revenue | 655,152.52 € | 625,742.97 € |
| Net profit | 2,576.12 € | 9,498.48 € |
| Equity ratio | 18.52% | - |
Documents
Payment schedule
Fundo Charmoso, SA, a specialized agricultural services provider with a proven track record in land removal, land preparation, harvesting, and related activities, is seeking a €53,500 working capital loan for a 12-month term. To secure the loan, collateral on a CLASS Jaguar 940 type 497 will be registered providing the LTV ratio of 26%.
The loan proceeds will be strategically allocated to several key areas:
- Resource Acquisition: Purchase essential supplies and equipment, rent additional machinery and trucks, and procure necessary inputs.
- Workforce Expansion: Hire additional staff to efficiently manage the anticipated workload.
- Equipment Modernization: Upgrade existing machinery and equipment to ensure optimal performance, minimize downtime, and maximize productivity.
By investing in these areas, Fundo Charmoso, SA aims to enhance its service capabilities, expand its market reach, and increase its revenue potential. The company's strategic plan, coupled with its strong track record and established presence in the market, positions it well to capitalize on the growing demand for specialized agricultural services.
Operating from a well-equipped 600-square-meter warehouse, Fundo Charmoso, SA is poised to seize the opportunities presented by the upcoming season. With this loan, the company will have the resources to drive growth, improve efficiency, and most importantly, deliver superior value to its clients, solidifying its position as a relevant player in the agricultural services sector.
This marks the company's second loan with Heavy Finance, following a previous €54,500 loan that was successfully repaid in full in April 2024, demonstrating their creditworthiness and financial responsibility.
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.