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.

PL0000771

Goal
35,760 €
Raised
35,760 €
100%
Return rate
From 12.6%

Rating
B

Period
36

Time left

LTV
67%

Country
Poland

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner Address
Xxxxxxxxxxxx Xxxxx Xxxxł Xxxxx, Xxxxł Xxxxx
Xxxxx 4, 16-300 Xxxxxxóx
header_1 Declared Owned
Farming land92.00 ha12.00 ha
20212020
Revenue 26,670.00 € 16,085.00 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule

About the project

The farmer started the business in 2018. The farmer cultivates 92 ha of land, 12 ha of which he owns. 

His main activity is milk production. He breeds cows and grows grain, which is mainly food for the cows, although some grain is sold generating additional income. 

The farm is equipped with a Rostselmash combine, a Kubota tractor, and others. Some time ago, the farmer bought additional cows, thanks to which he increased milk production. 

The farm itself is located in Augustow, an area where most of the country's major milk producers are located. The farmer sells his milk mostly to Mlekpol which is one of the largest dairy products producer in Poland. 

Now the project owner is seeking to borrow the loan from the HeavyFinance investor community to increase the 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.