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.

LT0002390

Goal
26,500 €
Raised
26,500 €
100%
Return rate
15.5%

Rating
C+

Period
47

Time left

LTV
79%

Country
Lithuania

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner Address
Xxūxxx Xxxxxxxxxčxxx
Xxxxx x., Xxūxxxxų x., Xxxxų x. 68
header_1 Declared Owned
Farming land140.00 ha40.00 ha
20232022
Revenue 162,197.00 € 216,919.00 €
Net profit 107,285.00 € 205,915.00 €
Equity ratio 60.87% -
Project description
Documents
Payment schedule

HeavyFinance invites you to invest in a loan for a crop farm. The farm specializes in growing grain crops, with the main crops being wheat, rapeseed, and spring wheat.

A total of 140 hectares of land is cultivated, of which 40 hectares are owned.

The farm uses modern equipment—two tractors and a combine harvester—that ensure efficient operations. The farmer handles all the work alone, without any additional help.

This is the first farmer's loan on a HeavyFinance platform. He's asking for a loan to increase his working capital. The loan will be secured by 4 plots of land.


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.