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.

LT0002746

Goal
5,500 €
Raised
5,500 €
100%
Return rate
13%

Rating
B+

Period
8

Time left

LTV
-

Country
Lietuva

Loan purpose
Apyvartinio kapitalo padidinimui

Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxx Xxšxėxxx
Xxxžų x., Xxxxxxx xxx., Xxxxxxžxxx x.
header_1 Declared Owned
Farming land169.54 ha97.50 ha
20242023
Revenue 164,010.00 € 203,221.00 €
Net profit 19,955.00 € 37,555.00 €
Equity ratio 17.35% -
Project description
Documents
Payment schedule
Projekto savininkas, turintis daugelio metų patirtį, valdo 169,54 ha augalininkystės ūkį Biržų rajone. Ūkyje šiuo metu auginami rapsai, miežiai ir kviečiai, kurie sudaro didžiąją dalį produkcijos, o derlius daugiausia parduodamas „Linas Agro“ grupei. Anksčiau ūkis buvo mišrus – jame buvo laikomos pieninės ir mėsinės galvijų bandos, tačiau, sumažėjus supirkimo kainoms, ūkininkas nusprendė susitelkti į augalininkystę. Verslą projekto savininkas vykdo padedamas savo šeimos narių.

Ūkininkas teigia, kad yra gerai aprūpintas reikalinga technika ūkiui prižiūrėti – turi du traktorius, kombainą, sėjamąją, priekabas ir kitus smulkius padargus.

Ūkininkas siekia pasiskolinti papildomus 5500 EUR iš HeavyFinance investuotojų bendruomenės ūkiui plėtoti. Šiuo metu HeavyFinance platformoje yra aktyvios trys paskolos, kurių bendra suma siekia 84 200 EUR, ir jos grąžinamos be vėlavimų.

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.