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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.
LT0002072
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 3.49 ha | 3.49 ha |
| 2023 | 2022 | |
|---|---|---|
| Revenue | 15,792.62 € | 12,858.21 € |
| Net profit | - | - |
| Equity ratio | - | - |
Documents
Payment schedule
Heavy Finance invites you to invest in a loan for the farmer, who started farming in 2019. The farmer together with his wife controls 4.12 ha of land, growing hazelnuts, mushrooms and bees that produce honey.
The farm's machinery fleet consists of a Japanese tractor, a honey extractor and all the other necessary tools to ensure efficient farm management and high quality production. The farmer is constantly striving to modernise his farm and to apply advanced technologies and techniques.
The farm is currently borrowing to purchase an irrigation system to further increase the quantity and quality of production. Join us in helping to further develop this promising farm 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.