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.
BG0002489
Project owner | Address |
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header_1 | Declared | Owned |
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Farming land | 0.79 ha | 0.00 ha |
2023 | 2022 | |
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Revenue | 850,789.69 € | 565,488.82 € |
Net profit | 45,504.98 € | 76,400.00 € |
Equity ratio | 19.04% | - |
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BIO Invest Ltd. is a well-established agricultural company based in Popovo, Bulgaria, operating since 2018. The company specializes in cultivating 0.79 hectares of organic wheat and sunflowers and is certified for organic crop trading. Their high-quality organic products are sold primarily within the European Union under long-term sales contracts with French, German, and Israeli companies.
The company boasts modern farming equipment and two spacious warehouses, enabling efficient production and storage of their crops. In addition to farming, BIO Invest actively trades organic produce, further enhancing their financial stability and market presence.
BIO Invest has a strong track record with HeavyFinance, having fully repaid three previous loans on time. This consistent reliability has earned them a positive reputation among investors.
The company is now seeking financing to repay significant upcoming installments (total of 132K) for existing Dimitrovi IV - BG0001746 and BG0001011 loans. The additional funds from this loan will be used as working capital to support the company's ongoing operations. To secure this loan, they are pledging their farmland.
As an added layer of security, the director's daughter, who operates Dimitrovi IV and has extensive experience in the agricultural sector, will act as a guarantor for the loan. Her involvement in farming further strengthens the security of this financing.
With their proven reliability and established business operations, BIO Invest Ltd. continues to present a trustworthy investment opportunity for the HeavyFinance community.
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.