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.

LT0002744

Goal
7,400 €
Raised
7,400 €
100%
Return rate
12.5%
Rating
A+
Period
30
Time left
LTV
-
Country
Lithuania
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner Address
Xxxxxx Žxxxūxx Xxxxxxxčxxxė
Šxxxxxų x. Xxxxxxxčxų x.
header_1 Declared Owned
Farming land51.35 ha25.40 ha
20232022
Revenue 72,678.52 € 88,005.37 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule
HeavyFinance invites investors to support an arable farming business. The farmer, who started farming in 2004, currently manages a 51.35-hectare farm in the Šiauliai district, with 25.40 hectares owned.

The farm specializes in growing rapeseed, wheat, and barley. To ensure efficient and sustainable farm management, the farmer relies on two tractors, a combine harvester, and other modern agricultural equipment.

This is the farmer’s fourth loan on the HeavyFinance platform, with all previous payments made on time and two loans already fully repaid. The loan funds are intended for working capital.

Join this project and contribute to the development of a promising farm, supporting its growth and long-term success.

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.