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.
LT0000433
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | - | - |
| Revenue |
| Net profit |
| Equity ratio |
Documents
Payment schedule
About the project
The agricultural company started operating in 2015, has already grown its farmland to 115,07 hectares. The farm grows crops including barley, rapeseed, beans, wheat, and grazes over 100 dairy cows. The company is now looking for additional funds to purchase fertilizer and is borrowing 10.000 € from HeavyFInance investor community.
The agricultural company is constantly investing in machinery modernization to not only provide a solid foundation for business development, but also to improve product quality, lower sales costs, optimize tillage duration, increase farm production efficiency, and minimize production expenses. The company recently borrowed 50.713 € from the HeavyFinance investor community to purchase 4 new equipment units with the support of the National Paying Agency. This loan has been fully financed and will be disbursed to the project owner soon.
The company intends to improve modernization procedures in the future, as well as to automate the feeding and milking operations. After investing in more modern technology solutions, the company will focus more on the territory expansion.
Area of declared land: 125,17 hectares, from which 10 hectares are owned by the project owner.
Annual interest - 13%
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.