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.

LT0002012

Goal
14,000 €
Raised
14,000 €
100%
Return rate
14%

Rating
A

Period
18

Time left

LTV
-

Country
Lithuania

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner Address
Renata Sipavičienė Zarasų r., Imbrado sen., Petraučiškių k., Duburaičio g 14
header_1 Declared Owned
Dirbama žemė 63.50 ha 1.93 ha
20232022
Revenue 44,501.00 € 36,720.00 €
Net profit 30,460.00 € 23,783.00 €
Equity ratio 74.49% -
Bendra įkeisto turto vertė

0.00 €

Personal liability Personal liability of the project owner - 0.00 € -
Daugiau apie apsaugos priemones skaitykite čia.
Loan number Project goal Outstanding principal Paid interest Status
LT0002012 14,000.00 € 14,000.00 € 162.94 € Aktyvi
LT0000452 8,000.00 € 0.00 € 1,667.63 € Grąžinta
Project description
Documents
Payment schedule

HeavyFinance invites you to invest in a loan for a mixed farm in Zarasai District. The farm has been operating since 2017.  The farmer declares 63,50 ha of land, of which 1,93 ha is owned. 

The farm has 87 sheep, 60 beehives and 5 hectares of strawberries and blackcurrants.

The project owner uses a tractor, a loader and various small agricultural machinery to manage the farm.

Although her current focus is on modernisation, she believes that there is room for expansion - she hopes to grow more berries in the future and to increase her flock of sheep to 100 .

Right now the farmer is asking HeavyFinance community for a loan that will be used to expand her farm.


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.