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.

LV0002647

Goal
4,200 €
Raised
4,200 €
100%
Return rate
16%
Rating
C+
Period
36
Time left
LTV
30%
Country
Latvija
Loan purpose
Apyvartinio kapitalo padidinimui
Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxx Xxxxxxxxxxxx
Xxxxx xxxxxx, Xxxxxxxx xxxxxxx, "Xxxxxīšx", XX-5064
header_1 Declared Owned
Farming land90.00 ha35.00 ha
20232022
Revenue 76,863.00 € 86,513.00 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule
Skolintojas iš viso valdo 90 hektarų, iš kurių 35 hektarai priklauso jam pačiam, o likusi dalis yra nuomojama.
Ūkyje yra visa būtiniausia technika, įskaitant du traktorius, vyniotuvą, šienapjovę, vartytuvą, presą, priekabą, kultivatorių, plūgą ir obliavimo mašiną. Pagrindinė veikla - daržovių auginimas, mėsinių galvijų ir melžiamų karvių auginimas. Šiuo metu ūkyje auginamos 25 melžiamos karvės ir 27 mėsiniai galvijai.

Projekto savininkas turi gerą paskolų grąžinimo istoriją, nes sėkmingai grąžino penkias ankstesnes paskolas „HeavyFinance“ investuotojų bendruomenei. Šiuo metu yra dvi aktyvios paskolos, kurių bendras negrąžintas likutis yra 18 500 EUR.
Dabar projekto savininkas skolinasi papildomų lėšų degalams įsigyti ir būtiniems technikos remonto darbams padengti, taip užtikrindamas nuolatinį ūkio našumą ir produktyvumą.

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.