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.

LT0002165

Goal
7,332 €
Raised
7,332 €
100%
Return rate
14%

Rating
B

Period
17

Time left

LTV
-

Country
Lithuania

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner Address
Xxxxxxx Šxxxžxxxxė
Xxxėxų xxx., Xxxxxxxx xxx., Xxxxxxxxx xx.
header_1 Declared Owned
Farming land122.97 ha10.00 ha
20232022
Revenue 28,187.00 € 33,545.00 €
Net profit 25,398.00 € 17,839.00 €
Equity ratio 53.56% -
Total value of pledged assets

0.00 €

Personal liabilityPersonal liability of the project owner-0.00 €-
Read more about security measures here.
Loan number Project goal Outstanding principal Paid interest Status
LT00021657,332.00 €7,227.37 €85.37 €Active
LT00021145,000.00 €4,861.18 €123.66 €Active
Project description
Documents
Payment schedule

To help a farmer collect funds faster, we offer you to earn even more. When investing, use the promo code heavy2165 and get 2.00% cashback.


We invite you to invest in a promising livestock farm, successfully operating and developing activities. The farmer started farming in 2018. She is currently working on 122.97 hectares of land, of which 10 hectares are owned.

The farmer has 60 beef cattle.

The farm is equipped with all necessary equipment, purchased through participation in EU projects: mowers, press and manure shaker. This ensures efficient farm management and high production quality.

This is farmer's second loan on a HeavyFinance platform. This time the farmer is asking for a loan to increase working capital.

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.