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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.
LT0002515
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 78.92 ha | 33.00 ha |
| 2023 | 2022 | |
|---|---|---|
| Revenue | 62,089.00 € | 107,280.00 € |
| Net profit | 6,064.00 € | 34,177.00 € |
| Equity ratio | 52.4% | - |
Documents
Payment schedule
We invite HeavyFinance investors to join a promising farm project. The project aims at acquiring additional land plots.
The family farm, which has been growing successfully for over a decade, now manages 79 hectares in a mixed farm in the Skuodas district. The farm grows a variety of crops such as wheat, oilseed rape, oats and triticale. In addition, the farm has both beef and dairy animals.
The farm's technical equipment includes two tractors, a combine harvester, hay-making equipment and other necessary equipment to ensure efficient work.
The farmer is a reliable and long-term member of the HeavyFinance community, making regular and timely payments and repaying the loan early.
Join us to help further develop this promising farm.
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.