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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.
LT0002151
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 34.91 ha | 10.00 ha |
| 2023 | 2022 | |
|---|---|---|
| Revenue | 45,904.00 € | 35,533.00 € |
| Net profit | 26,926.00 € | 12,790.00 € |
| Equity ratio | 75.5% | - |
Documents
Payment schedule
With this project, we invite you to invest in the development of a rapidly growing dairy farm. The farmer works on 34.91 hectares of land, of which 10 hectares are owned.
The farmer started farming in August 2019, only having two cows at the time. Currently, he has about 15 cows and a cheese factory where various products are made from the milk obtained in the farm. The farmer transports the produced dairy products to customers living in the surrounding areas.
The farm's technical fleet consists of: combine harvester Laverda 3560, tractors Case MXU 135 and MTZ-80, haying equipment, fodder preparation equipment and other necessary implements.
This is farmer's third loan on the HeavyFinance platform, one of the loans is already fully repaid. Payments are made in a timely manner.
This time the farmer is borrowing to increase farm's working capital. The farmer is planning to buy a new seeder in the future.
Join this project and help to develop this promising farm, ensuring its growth and success together.
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.