Create an account to make your first investment in only few steps!
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.
LT0000278
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Dirbama žemė | - | - |
| Revenue |
| Net profit |
| Equity ratio |
Documents
Payment schedule
About the project
Organic farming - sounds beautiful, right? However, 327.27 ha, a mixed, Lithuanian, ecological farm not just sounds or looks nice, it is our inspiration for the future. This farmer not only believes in agriculture but rationally makes strategic plans, calculates risks and efficiency, environmental impact, and benefits.
Smart farming and timely investment make a big difference to agricultural development, so HeavyFinance invites you to invest in a loan to purchase new machinery with the support of the NMA (National Paying Agency).
This is the last, fourth phase of NPA support, in which the farmer seeks to purchase a Round baler with a wrapper valued at 94.561,50 €.
The farmer purchased all the planned machinery through 4 different projects LT0000065, LT0000074, LT0000231, and LT00000272, not counting this. In addition to these loans, the farmer has also borrowed for the purchase of land and farm. This loan project was with an 80% individual state guarantee. The total balance of farmer's loans is 374.413 €. Now the farmer fulfills his obligations without delay.
The farmer, who started farming 13 years ago, successfully manages 327.27 hectares of a mixed organic farm in Anykščiai district. On the farm, half of the land is occupied by grain crops, and the rest is cattle. Currently, the farmer has 180 cattle. Farming traditions are also cherished by the farmer's family - the farmer's mother has about 180 hectares of land and his wife has 125 hectares. The family supervises the entire managed area of land jointly.
The farm's technical fleet consists of four tractors, a combine, a drill, a rake, and a cultivator. Two new semi-trailers and a plough will be purchased soon after the completion of the loan financing project LT00000272. For the purchase of these technical units, the project owner received support from the NPA, which will be fully absorbed after the submission of the purchase documents to the NPA.
Area of land declared: 327.27 ha.
Annual interest 11%
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.