agriculture_loan

agriculture_loan_description

PT0000604

goal
54,500 €
raised
54,500 €
100%
return_rate
12%

rating
B+

period
23

time_left

LTV
67%

country
Portugal

loan_purpose
Investment to increase production

business_information
security_measures
loan_history
project_owner address
XXX "Xxxxxxxxx Xxxxxxxx Xxxxxx xx Xxxxxxxx", Xxxxxxxxx Xxxxxxxx Xxxxxx
header_1 declared owned
farming_land30.00 ha30.00 ha
revenue
net_profit
equity_ratio
project_description
documents
payment_schedule

About the project

The entrepreneur created the company in 2002 with his wife. The company is engaged in producing and marketing wine grapes from the Douro demarcated region and the demarcated area for green wines and fruit. The main customers for the grapes are Sage Vinhos (CALEM group) and Quinta e Casa das Hortas. The main customers for the fruit are the SONAE and Auchan groups. Currently, the company has 10 employees, resorting to subcontracting at harvest time. It should be noted that the company is investing in planting new grape plants.

The financing will allow the client to complete planting 1.5 ha of grape trees and 1.5 ha of cherry trees. The company also intends to renovate equipment for cultivation that is already worn out, as well as to replace 5 ha of irrigation system (it will allow irrigation to be automated).

The loan will be secured by a pledge on land with buildings.

The company declares 30 ha of owned land.

Annual interest - 12%

project_risks

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additional_information:

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