Investuoti
Pakviesti draugus
Naujienos
Apie mus
Risk rating
29
Months
-
LTV
Goal:
€15 000
Raised:
€15 000
Annual interest
| Investing from €100 | 13.00% |
Business information
| Declared land, ha | 67.24 |
| Owned land, ha | 14.94 |
| Revenue | |
|---|---|
| 2021 | €19 509 |
| 2020 | €23 095 |
| Net profit | |
| 2021 | €5 162 |
| 2020 | -€315 |
| Equity ratio | |
| 2021 | 53% |
Security measures
| Type | Subtype | Description | Value | Manufacture year | Area size | Valuation method |
| Other | Sole accountability | |||||
| Total value of pledged assets | €0 | |||||
A farmer with over 20 years of experience approaches the HeavyFinance investor community to borrow 15 000 € to buy a combine harvester.
The farmer cultivates 67 hectares of land, of which about 15 hectares are owned. The farm is located in the Elektrenai district, Lithuania, where mainly cereals such as wheat, rye, oats and others are grown. The farmer also has several dairy cows.
The businessman works alone on the mixed farm in which he has all the necessary equipment to carry out the work on the land, such as a tractor and other necessary implements.
With the funds receive from this loan, he will be able to acquire a combine harvester, which will increase the farm's productivity.
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.
