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.

PL0000416

Goal
23,034 €
Raised
23,034 €
100%
Return rate
13.5%

Rating
C

Period
34

Time left

LTV
40%

Country
Poland

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner Address
Xxxxxxxęxxxxxxxx Xxxxxxxxxżxxx Xxx-Xxx Xxxxxxx Xxxxxxxxxx, Xxxxxxx Xxxxxxxxxx
Xxxxxx, Xxxxxx
header_1 Declared Owned
Dirbama žemė41.00 ha20.00 ha
Revenue
Net profit
Equity ratio
Project description
Documents
Payment schedule

Invest in the first HeavyFinance project in Poland! Seeing the excellent prospects for expansion into this market, we present the first opportunity to invest in the development of promising farm. By the way, we invite you to learn more about the agricultural situation and trends in Poland in this article. We briefly presented why financing solutions are of particular interest to farmers in this country.

About the project

The project owner currently runs a 41-hectare farm in the Wielkopolskie region, which is considered one of the most agriculturally developed regions in Poland. The farm breeds cattle and produces vegetables.

The project owner's father also manages a farm nearby, and the two farmers are working together to achieve even better results on both farms. 

The farm uses a variety of modern machinery on daily activities, including a tractor (manufactured in 2017), a front loader and other necessary equipment.

After two years of severe weather conditions and Covid pandemic, the farm began state-supported restructuring process in order to optimize their financials and remain competitive on the market. The ongoing project is still on the earIy stages, therefore the farmer is looking for additional funds to increase its efficiency. 

Area of declared land: 41 hectares, from which 20 hectares are owned by the project owner.

Annual interest - 13,5%

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.