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.

LT0002399

Goal
27,000 €
Raised
19,758 €
73%
Return rate
From 11.5%
Rating
B+
Period
35
Time left
LTV
87%
Country
Lithuania
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxx Xxxxxxxxė
Xxxžų x. Xxxxxxxxxx xxx., Xxxxxxšxxxx, Xxxxxų x 3
header_1 Declared Owned
Farming land42.40 ha4.00 ha
20232022
Revenue 32,848.00 € 35,369.00 €
Net profit 23,457.00 € 28,870.00 €
Equity ratio 31.36% -

Investment calculator

Pick one of the suggested or type in your own amount to see interest rate and preliminary earnings.
Interest

11.5%

Preliminary earnings

0.00 €

Important:
The calculator provided is preliminary and the projected earnings are determined based on the preliminary principal repayment schedule.
Interest rates:
Investing from 100 € - 11.5% Investing from 500 € - 12.3% Investing from 1,000 € - 13% Investing from 2,000 € - 13.2% Investing from 5,000 € - 13.5%
Project description
Documents
Payment schedule

HeavyFinance invites you to invest in a loan for a crop farm. The farm has been operating since 2012 in Biržai district. The owner of the project declares 42,40 ha of land, of which 4 ha are owned.

The farmer now grows wheat, rapeseed and barley. She runs the farm with the help of family members.

The farm's machinery fleet consists of 1 tractor, trailers, a sowing machine, and other necessary smaller machinery.

The farm sells all its harvest to UAB Agrokoncernas and AB Linas agro.

This is farmer's first loan on a HeavyFinance platform. She is asking for a loan to increase working capital. The loan will be secured by two 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.