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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.
LT0002426
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 11.03 ha | 11.03 ha |
| 2023 | 2022 | |
|---|---|---|
| Revenue | 38,447.42 € | 40,039.23 € |
| Net profit | - | - |
| Equity ratio | - | - |
Documents
Payment schedule
We invite you to invest in a promising farm that is successfully operating and developing. The farmer started farming in 2005. Currently, he declares 11.03 ha of land.
Rapeseed, wheat, other grain crops, as well as carrots, potatoes, peas and onions are grown on the farm, ensuring versatile and high-quality production. The farmer is helped by his son, who specializes in horticulture.
The technical park of the farm consists of a tractor, a plow, a cultivator, a scraper and a fertilizer spreader. The machinery makes it possible to efficiently perform agricultural work and ensure high quality of production. However, in order to further improve the operation of the farm, it is necessary to upgrade the tractor.
The farmer already has one active loan on the HeavyFinance platform and is paying it on time.
The loan funds will be used to purchase a seed drill. The new purchase will increase labor productivity and production volumes, ensure high quality of production and contribute to climate change mitigation.
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.