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.
LT0000315
Project owner | Address |
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header_1 | Declared | Owned |
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Farming land | - | - |
Revenue |
Net profit |
Equity ratio |
About the project
Harvesting and sowing season is over, therefore agricultural companies are now focused on the preparation for the upcoming one. With this project, we invite you to invest in Lithuanian agribusiness and its vision, to contribute to the growth of the agriculture sector, with the development of a company. The firm's management is now seeking to increase working capital, which will be used for the renovation of farm buildings, preparation of equipment for the next season, land rent, to cover fuel and fertilizer costs.
Verslo Valstija, UAB, founded eight years ago, currently uses about 570 ha of land for its activities and has also created over 17 jobs. With a great expansion vision, the farm is actively developing crop production - wheat, rapeseed and barley. Biofuel production and storage services are also provided, which account for about 10% of the company's turnover. Recently, the company has paid a lot of attention to the modernization of the technical fleet. The company’s management is convinced that this is the key to success to produce more tons of grain per hectare.
The company's heavy machinery fleet consists of several different tractors, a combine, a drill, a cultivator, a telescopic loader, and other equipment necessary for the activities.
This is not the first company project financed on the HeavyFinance platform, the company's current active loan portfolio is 304.970 €. The company fulfils its obligations to investors on time.
Area of declared land: 568,26 hectares, from which 30 hectares are owned by the project owner.
Annual interest
- Investing from 100 € - interest 11,5%
- Investing from 500 € - interest 12,0%
- Investing from 1.000 € - interest 12,1%
- Investing from 2.000 € - interest 12,3%
- Investing from 5.000 € - interest 12,4%
- Investing from 10.000 € - interest 12,5%
- Investing from 20.000 € - interest 12,6%
- Investing from 30.000 € - interest 12,8%
- Investing from 40.000 € - interest 13,2%
- Investing from 50.000 € - interest 14,0%
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.