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.

LT0001879

Goal
15,000 €
Raised
15,000 €
100%
Return rate
13.5%

Rating
B+

Period
22

Time left

LTV
-

Country
Lietuva

Loan purpose
Apyvartinio kapitalo padidinimui

Business information
Security measures
Loan history
Project owner Address
Alvydas Ilickas, MB "Miško kertelė" Ūlos g. 21, Mančiagirės k., Varėnos r. sav.
header_1 Declared Owned
Farming land 0.00 ha 0.00 ha
20222021
Revenue 528,230.00 € 199,470.00 €
Net profit 60,913.00 € 36,559.00 €
Equity ratio 20.63% -
Total value of pledged assets

0.00 €

Asmeninis laidavimas Personal liability of the project owner - -
Read more about security measures here.
Loan number Project goal Outstanding principal Paid interest Status
LT0001879 15,000.00 € 13,167.52 € 487.39 € Active
LT0000295 44,040.00 € 7,377.22 € 8,930.92 € Active
Project description
Documents
Payment schedule

Padėdami ūkiui pritraukti finansavimą greičiau, skiriame 2.00% premiją nuo investuotos sumos. Investuojant, įveskite kodą heavy1879.

"Nuo 2008 m. dirbu miške", - sako verslininkas, prieš penkerius metus įkūręs savo įmonę. Įmonė aptarnauja privačių miškų savininkus ir bendroves, per mėnesį vienu kombainu išpjauna apie 1 000-1 500 kubinių metrų medienos.


Dabar įmonė turi du kombainus, iš kurių vieną modernizavo gavusi ankstesnę paskolą (LT0000295). Seniausią kombainą jie pakeitė į Komatsu Valmet 911.3.

Dabar bendrovė prašo HeavyFinance investuotojų bendruomenės suteikti 15 000 EUR paskolą apyvartinėms lėšoms padidinti.

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.