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.

PL0000966

Goal
56,809 €
Raised
56,809 €
100%
Return rate
up to 14.2%
Rating
B
Period
36
Time left
LTV
51%
Country
Poland
Loan purpose
Equipment purchase
Business information
Security measures
Loan history
Project owner Address
Waldemar Polkowski, Gospodarstwo Rolne Krzysztof Polkowski 22-200 Włodawa, Suszno
header_1 Declared Owned
Dirbama žemė 140.00 ha 40.00 ha
20212020
Revenue 54,175.00 € 28,747.00 €
Net profit - -
Equity ratio - -
Bendra įkeisto turto vertė

110,853.00 €

Heavy equipment 10,102.00 € Commercial offer
Heavy equipment 47,902.00 € Commercial offer
Heavy equipment 29,210.00 € Commercial offer
Heavy equipment 17,104.00 € Commercial offer
Heavy equipment 6,535.00 € Commercial offer
Other - -
Other - -
Daugiau apie apsaugos priemones skaitykite čia.
Loan number Project goal Outstanding principal Paid interest Status
PL0000966 56,809.00 € 38,343.70 € 9,136.09 € Aktyvi
PL0000640 16,881.00 € 6,973.64 € 3,133.42 € Aktyvi
Project description
Documents
Payment schedule

To help a farmer collect funds faster, we offer you to earn even more. When investing, use the promo code Heavy966 and get 3.00% cashback.


To make this loan more secure the farmer's father is a guarantor (Waldemar Polkowski is already our client with loan number PL0000640).

The owner of the project runs the farm together with his father. They gradually increase the area under cultivation. This year they additionally leased 70 hectares.

The farmers cultivate:
  • maize 50ha
  • triticale eco 20ha
  • wheat 40ha
  • oats eco 10 ha
  • cereal mixes 10ha
Farmers consistently invest in the farm by buying new machinery, they currently use 3 John Deere tractors and a John Deere harvester. They have the complete equipment needed for cultivation, but as the acreage increases, the equipment needs to be more efficient.

This year, the project owner received a positive decision regarding funding from the European Union for the purchase of machinery (used as collateral). The farmer will be reimbursed within a year for the costs incurred in purchasing the machinery.
Organic cereals have been grown on farms for a long time. This year, however, the farmer's son established a partnership with P. Krücken Organic GmbH, through which they also receive an income in euros, and they plan to develop this partnership further. Thanks to eco-cultivation, the project owner also receives additional subsidies.

A loan from HeavyFinance, will allow the farmer to buy the necessary equipment to develop the farm.

The income for 2022 (11 453€) consists of 3 883€ in subsidies.

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.