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.

LT0002384

Goal
10,000 €
Raised
10,000 €
100%
Return rate
13%
Rating
B+
Period
11
Time left
LTV
-
Country
Lietuva
Loan purpose
Žemės įsigijimui
Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxxxxx Xxxxxx
Xxxxšxxx x., Xxxxxxxxx, Xxxxxxxų x 26X
header_1 Declared Owned
Farming land107.82 ha10.00 ha
20242023
Revenue 68,883.00 € 59,609.00 €
Net profit 2,064.00 € 30,992.00 €
Equity ratio 66.17% -
Project description
Documents
Payment schedule

Nuo 2021 metų Rokiškio rajone veikia javų ūkis, kuriame auginami kviečiai, rapsai ir kiti augalai. Ūkininko valdas sudaro 107,82 ha ariamos žemės, iš kurių 10 ha priklauso ūkininkui.

Ūkininko technikos parką sudaro kombainas, traktorius, sėjamoji, purkštuvas, priekaba ir kita žemės dirbimo įranga. Ūkininkas žemę apdirba beariminiu žemdirbystės būdu.

Ūkininkas kreipėsi į „HeavyFinance“ bendruomenę dėl paskolos, kurią planuoja panaudoti žemei įsigyti.

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.