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.

LT0002332

Goal
28,900 €
Raised
28,900 €
100%
Return rate
From 10.5%

Rating
B

Period
23

Time left

LTV
60%

Country
Lietuva

Loan purpose
Apyvartinio kapitalo padidinimui

Business information
Security measures
Loan history
Project owner Address
Xxxxxxxxxxx Xxčxxxxx
Xxxxxėx x. xxx., Xxxxxx xxx., Xxxxxx x., Xxxxxx x. 9
header_1 Declared Owned
Dirbama žemė465.34 ha311.72 ha
20232022
Revenue 1,074,555.00 € 1,257,540.00 €
Net profit 1,530.00 € 414,866.00 €
Equity ratio 35.44% -
Project description
Documents
Payment schedule
Nuo 1995 m. Akmenės rajone veikia grūdų ūkis, kuriame auginami kviečiai, rapsai ir kitos kultūros. Ūkininko ūkį sudaro 465,34 hektarų ariamos žemės, iš kurių 311,72 ha priklauso ūkininkui. Kartu su sūnumi jam priklauso daugiau kaip 1000 ha.

Ūkininko technikos parką sudaro 4 kombainai, 7 traktoriai, sėjamoji, purkštuvas, priekaba ir kita žemės dirbimo įranga, taip pat grūdų saugojimo bokštai ir kitos grūdų saugyklos. Ūkininkas žemę dirba pagal beariminės žemdirbystės technologiją.

Ūkininkas kreipėsi į „HeavyFinance“ bendruomenę dėl paskolos, kuri būtų panaudota žemės nuomai.

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.