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.

LT0002150

Goal
9,000 €
Raised
9,000 €
100%
Return rate
14%

Rating
B+

Period
28

Time left

LTV
-

Country
Lithuania

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner Address
Xxxxxxxx Xxxxxxė, XX „Xxxxxxxx“
Xxxx x. 9, Xxxžxų x., Xxxėxxx xxx.
header_1 Declared Owned
Farming land0.00 ha0.00 ha
20232022
Revenue 18,482.00 € 72,037.00 €
Net profit 405.00 € 17,362.00 €
Equity ratio 71.27% -
Total value of pledged assets

0.00 €

Personal liabilityPersonal liability of the project owner--
Personal suretyPersonal surety of Marius Laipienis--
Read more about security measures here.
Loan number Project goal Outstanding principal Paid interest Status
LT00021509,000.00 €9,000.00 €0.00 €Fully funded
LT000004623,780.00 €0.00 €3,389.85 €Repaid
LT00005257,000.00 €0.00 €453.57 €Repaid
Project description
Documents
Payment schedule

Jurovima MB is a successful company that was founded in 2017. The company's shareholders are three natural persons. The company specializes in the transportation of bulk cargo (sand, gravel, asphalt, crushed stone of different fractions, grain) and wood harvesting, ensuring stability and development opportunities. MAN TGA 18.430 tractors with tipper semi-trailers are used in the operation, guaranteeing efficient and safe cargo transportation.

Jurovima MB has a reliable financial history - the company has timely repaid two loans on the HeavyFinance platform, proving its responsibility and reliability. The received financing will be used for ongoing repair work and maintenance of equipment in order to ensure smooth operation of the company and high quality of services.

Join us and help develop this promising company, ensuring its future growth and success.

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.