Susikurkite paskyrą vos keliais žingsniais ir pradėkite investuoti jau dabar!
Agriculture loan
+State guarantee
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.
LT0000673
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 301.62 ha | 150.00 ha |
| Revenue |
| Net profit |
| Equity ratio |
Documents
Payment schedule
Sole accountability
This loan is secured by sole accountability from the project owner. Read more about this security measure here.
Individual guarantee
The farmer got granted an individual guarantee of 80% provided by a governmental development institution Agricultural Credit Guarantee Fund. Individual guarantee means that in case of a default, the Fund pays the difference between the unpaid credit amount or any portion thereof, and the income received by the credit institution from the exaction. Please read more about individual guarantees and benefits this scheme provides for investors in our news section.
About the project
A farmer started his agricultural business in 2010 with 20 hectares of arable land. Now the farm has expanded to more than 300 hectares in a decade. Dairy cows, beef cattle, and grain are raised on a mixed organic farm.
The farmer has not only invested in the land but also the technical fleet, which consists of two tractors, a harvester, and other agricultural implements.
The farmer now borrows to purchase a new tractor. The farmer is already known to HeavyFinance investor community, he fully repaid one loan and has two more loans corresponding for € 112 850.
Equipment seller:
Area of declared land: 301,62 of which 150 is owned
Annual interest :
- Investing from 100 € - interest 11%
- Investing from 500 € - interest 11,5%
- Investing from 1 000 € - interest 11,6%
- Investing from 2 000 € - interest 11,8%
- Investing from 5 000 € - interest 11,9%
- Investing from 10 000 € - interest 12%
- Investing from 20 000 € - interest 12,1%
- Investing from 30 000 € - interest 12,3%
- Investing from 40 000 € - interest 12,7%
- Investing from 50 000 € - interest 13,5%
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.