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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.
LT0001948
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Dirbama žemė | 478.37 ha | 88.00 ha |
| 2022 | 2021 | |
|---|---|---|
| Revenue | 1,022,333.00 € | 702,038.00 € |
| Net profit | 318,035.00 € | 165,338.00 € |
| Equity ratio | 33.73% | - |
Documents
Payment schedule
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Established in 2017, Domagra MB is a company whose main activities include the purchase and sale of farm produce and the provision of agricultural services, such as drying, cleaning, seeding, threshing and processing of cereals. In addition, the company is active in crop production, growing wheat, oilseed rape and barley. Domagra currently manages an impressive 480 ha of land, of which 88 ha are owned.
The machinery fleet consists of new and modern tractors such as Case Steiger 500 and John Deere 6190R, an efficient John Deere S690i combine harvester, a Horsch Focus 6TD seed drill, several trucks, semi-trailers, and other modern equipment, ensuring high farming efficiency, quality work in the fields and harvesting.
It is also important to note that the client has already used the services of the HeavyFinance community. Domagra MB has made regular and timely repayments and has successfully repaid the loan on time.
The company is currently borrowing to increase its working capital to support expansion. Join us to help further develop this viable and sustainable business while ensuring its growth and development.
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.