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.

PL0000867

Goal
19,218 €
Raised
19,218 €
100%
Return rate
From 11%
Rating
B+
Period
36
Time left
LTV
82%
Country
Poland
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxxx
Xxxxxxxxx 47, 37-562 Xxxxxxxxx
header_1 Declared Owned
Farming land31.00 ha16.80 ha
20212020
Revenue 54,956.00 € 36,479.00 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule
The farmer has been farming since 2004 when he inherited the farm (5 hectares). He gradually bought more hectares and signed long-term leases. For the time being, he takes care of the farm himself. The farmer actively supports the development of sustainable agriculture and wants to be a partner in this process through innovative crop protection measures and new crop varieties.

The project owner cultivates 31 hectares of land of which he owns 16,8 ha.
He cultivates cereals and crops such as: winter wheat, spring and winter barley, oats, potatoes, maize, and sugar beet.
The project owner has permanent outlets for its crops. It has a grain contract with TANEW Sp. z o.o. and ROLGIL as well as a sugar beet contract with Südzucker Polska S.A.

The farmer owns 18 machines that improve all processes on the farm:

  • Zetor 10145 agricultural tractor
  • Ursus C360 agricultural tractor
  • P93-t9 agricultural trailer
  • Autosan D47T 4.5T agricultural trailer
  • Autosan D35T3 35.T agricultural trailer
  • bizon super ZO54 combine harvester
  • SIPMA Z224 straw baler
  • KLEIN 5000 beet harvester
  • Amazone D8 cereal seed drill
  • Amazone 1001 fertilizer spreader
  • 600L mounted sprayer
  • rotary harrow
  • slurry tanker
  • manure spreader
  • UNHZ 500 cyclop loader
  • elevator digger
  • four-point harrow
  • forklift truck rak Suchedniów
This is the farmer's third loan from HeavyFinance out of 4 planned at the moment. The financing will be used for the farm's working capital and land expansion.


The revenue for 2020 consists of 8 674 € in subsidies.
The revenue for 2021 consists of 9 351 € in subsidies.


Active loans balance: €50179
Active loan number: PL0000861, PL0000866

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.