Create an account to make your first investment in only few steps!
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.
PL0000498
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Dirbama žemė | 8.00 ha | 5.00 ha |
| Revenue |
| Net profit |
| Equity ratio |
Documents
Payment schedule
About the project
The project owner, who has been farming for the past 6 years, specialises in crop and solar farming. The farmer currently manages an almost 8 hectare mixed farm in the southeast of Poland sown with various cereals and a consistently growing solar panel field.
The project owner has an extensive technical fleet including 3 tractors and his own harvester. Upon expanding his fleet even further last year, he has recently started renting the equipment to other local farmers.
The main purpose of this loan working capital needed to develop the farm further. In order to achieve that, the project owner is borrowing 7650 € from the HeavyFinance investor community. The loan will be secured by a pledge of agricultural plots with a total area of 2,5725 hectares.
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.