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.

LT0002272

Goal
50,000 €
Raised
50,000 €
100%
Return rate
From 10.6%

Rating
B

Period
36

Time left

LTV
73%

Country
Lietuva

Loan purpose
Refinansavimas

Business information
Security measures
Loan history
Project owner Address
Ūxxxxxxxx (-ė) Xxxxxxx Xxxxxxx
Xxxxšxxx x., Xxxxšxxx xxx., Xxxčxų xx.
header_1 Declared Owned
Dirbama žemė266.00 ha260.00 ha
20232022
Revenue 158,347.00 € 284,254.00 €
Net profit 34,504.00 € 45,986.00 €
Equity ratio 57.17% -
Project description
Documents
Payment schedule
Nuo 2001 m. Kupiškio rajone veikia projekto savininko įkurtas grūdų ūkis, kuriame auginami kviečiai, rapsai ir kitos kultūros. Ūkį sudaro 266 ha ariamos žemės, iš kurių 260 ha priklauso ūkininkui.

Ūkio technikos parką sudaro kombainas, du traktoriai, sėjamoji, purkštuvas, priekaba ir kita žemės dirbimo technika. Ūkininkas žemę dirba pagal beariminės žemdirbystės sistemą.

Ūkininkas kreipėsi į „HeavyFinance“ dėl turimos paskolos refinansavimo. Kaip paskolos užstatą jis įkeitė jam priklausančią žemę.

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.