Fully invested

LT0000398, Working capital loan to cover small operating costs

Raised:
11 000.00 €
Goal:
11 000.00 €
Loan number
LT0000398
Yearly return rate
13 %
Goal
11 000.00 €
Loan period
37 Months
Risk rating
A
Extra measures
Sole accountability
Investors
28
Location
Lithuania
Secondary market
Introduction
Detailed Information
Project owner
Project risks
Documents

Secondary market

svg
Login
Register

Please register or sign in to access this information.

Introduction

Sole accountability

This loan is secured by sole accountability from the project owner. Read more about this security measure here.

About the project

The young agribusinessman, who has been associating his main activity with farming since 2016, is now developing a 145-hectare farm in Rokiškis district. The farmer grows various crops here, such as wheat, rapeseed, buckwheat, and triticale.

The businessman took over the knowledge of agribusiness management from his father, who has been farming for many years - the total farm area of both men is over 600 hectares. The project owner's father contributes to the development of his son's farm not only by sharing his experience but also by renting out the heavy machinery for all the work.

The project owner is now borrowing 11.000 € from the HeavyFinance investor community to cover small operating costs.

Area of declared land: 145,45 hectares, from which 5 hectares are owned by the project owner

Annual interest - 13%

Detailed Information

svg
Login
Register

Please register or sign in to access this information.

Project owner

svg
Login
Register

Please register or sign in to access this information.

Project risks

svg
Login
Register

Please register or sign in to access this information.

Documents

svg
Login
Register

Please register or sign in to access this information.

Investments

No investments found.

Other projects

LT0000429, Loan to refinance previous financial liabilities

Left to invest:
12 days 20:24:38
Raised:
59 816.00 €
Goal:
136 678.00 €
Details
Invest

LT0000424, Loan for the development of organic farm

Left to invest:
12 days 20:24:38
Raised:
55 070.00 €
Goal:
105 000.00 €
Details
Invest

LT0000430, Loan for the purchase of saunas and hot tubs

Left to invest:
12 days 20:24:38
Raised:
6 582.00 €
Goal:
14 800.00 €
Details
Invest

Success

svg