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.

LT0002428

Goal
13,500 €
Raised
6,562 €
48%
Return rate
13.5%

Rating
B+

Period
36

Time left

LTV
-

Country
Lithuania

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxxx Xxxžxxxxxxxė
Xxxxxxx x., Xxxxų xxx., Xxxxxxx x.
header_1 Declared Owned
Farming land49.20 ha0.00 ha
20232022
Revenue 19,733.00 € 0.00 €
Net profit 14,808.00 € 0.00 €
Equity ratio 73.11% -

Investment calculator

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

13.5%

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 € - 13.5%
Project description
Documents
Payment schedule

HeavyFinance invites you to invest in a loan for a farm in Rietavas district. The farmer declares 49,2 ha at the moment.

The farmer currently have around 40 cattle and milking cows.

The farm's machinery fleet consist of tractor, plow, seeder, sprayer and smaller pieces of equipment. The farmer works together with her husband on the farm and do not hire any additional employees.

This is farmer's first loan on a HeavyFinance platform. She is asking HeavyFinance community for a loan to increase farm's working capital.

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.