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.

LT0002448

Goal
22,500 €
Raised
22,500 €
100%
Return rate
16%

Rating
C

Period
22

Time left

LTV
66%

Country
Lietuva

Loan purpose
Refinansavimas

Business information
Security measures
Loan history
Project owner Address
Ūxxxxxxxx (-ė) Xxxxxxx Xxxxxxx
Xėxxxxxų x., Xxxxxxšxxx x.
header_1 Declared Owned
Dirbama žemė156.71 ha80.00 ha
20232022
Revenue 184,131.00 € 297,141.00 €
Net profit -38,581.00 € 110,620.00 €
Equity ratio 52.46% -
Project description
Documents
Payment schedule

Ūkininkas žemės ūkio sektoriuje dirba nuo 2009 m. Kėdainių rajone jis ūkininkauja 156,71 ha ūkyje, iš kurių 80 ha yra jo nuosavybė. Ūkyje auginami javai ir rapsai.

Projekto savininkas ūkininkauja kartu su šeima – bendras jo šeimos dirbamos žemės plotas siekia 680 ha. Ūkyje naudojamas traktorius, purkštuvas ir sunkvežimis.

Tai yra trečiasis ūkininko projektas „HeavyFinance“ platformoje. Paskola bus naudojama kitai paskolai refinansuoti.

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.