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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.
LT0000347
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Dirbama žemė | - | - |
| Revenue |
| Net profit |
| Equity ratio |
Documents
Payment schedule
About the project
HeavyFinance invites you to invest in the development of the Lithuanian mixed farm - the purpose of the loan is to increase working capital. Your investments will be secured by a pleage eight agricultural land plots of 30,51 hectares.
The businessman has been developing his farm since 2014, which currently is expanded to a 103,51-ha land. Wheat, barley, and oilseed rape are grown as well as 11 dairy cattle.
Currently, the farm's technical fleet consists of a tractor and a drill. In the future, the businessman plans to purchase more land.
HeavyFinance investor community made a significant contribution to meeting the farm's needs, since the project owner was granted with the loan before the summer season. The loan with the eaned interest was fully repaid on time.
Annual interest
- Investing from 100 € - interest 9,0%
- Investing from 500 € - interest 9,8%
- Investing from 1.000 € - interest 10,5%
- Investing from 2.000 € - interest 10,7%
- Investing from 5.000 € - interest 11,0%
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.