Investuoti
Pakviesti draugus
Naujienos
Apie mus
Risk rating
30
Months
70%
LTV
Goal:
€67 760
Raised:
€67 760
Annual interest
| Investing from €100 | 9.20% |
| Investing from €500 | 9.90% |
| Investing from €1 000 | 10.20% |
| Investing from €2 000 | 10.50% |
| Investing from €5 000 | 10.70% |
| Investing from €10 000 | 10.90% |
| Investing from €20 000 | 11.40% |
Business information
| Declared land, ha | 523.47 |
| Owned land, ha | 16.50 |
| Revenue | |
|---|---|
| 2021 | €502 499 |
| 2020 | €552 617 |
| Net profit | |
| 2021 | €40 499 |
| 2020 | €170 397 |
| Equity ratio | |
| 2021 | 20% |
Security measures
| Type | Subtype | Description | Value | Manufacture year | Area size | Valuation method |
| Heavy equipment | 2007 Combine New Holland CR9080 | €96 800 | 2007 | Commercial offer | ||
| Other | Sole accountability | |||||
| Total value of pledged assets | €96 800 | |||||
The farm was established in 2018 in Panevėžys district, and today more than 500 ha of land is cultivated with wheat, rape and barley.
The farm is engaged in no-till farming, last year he built a grain silo with EU support. The farmer plans to acquire additional 10 ha of land this year.
To cultivate the land the farm uses: 2 tractors, a self-propelled sprayer, a combine harvester, a cultivator, a seeder, a dumper, a semi-trailer for transporting grain and other necessary equipment.
Previously the HeavyFinance investor community has provided the businessman with the loans (LT0000707) and (LT0000747) with the balance of €57000.
With this project, the entrepreneur seeks to borrow €67 760 to expand his machinery fleet by purchasing a New Holland CR9080 combine harvester. The loan is secured by a mortgage on the combine harvester.
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.
