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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.
BG0000238
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Dirbama žemė | - | - |
| Revenue |
| Net profit |
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Documents
Payment schedule
With this project, we invite you to invest in the development of a Bulgarian dairy company. Helios Milk, EOOD, founded in 2009, is actively engaged in dairy production and transportation. The company itself is located in the Burgas region, Bulgaria, and from there it serves the customers from the resorts of the Black Sea. The company has a Certificate received from the Ministry of Agriculture, which allows Helios Milk to operate as a dairy company. The firm's products are made from milk, which is provided by sheep and goats raised on the company’s farm.
To increase transportation efficiency, Helios Milk is borrowing from the HeavyFinance investor community to purchase a Mercedes ATEGO 815 refrigerated truck. The loan will be secured by a pledge of the purchased vehicle.
Annual interest - 12,5%
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.