This project provides the HeavyFinance investor community with an opportunity to invest in an agricultural loan backed with liquid collateral and a guarantee provided by the Agricultural Credit Guarantee Fund of Lithuania.
With this modern scheme, in case of a default, the farmer is guaranteed the repayment of up to 80% of the outstanding credits. The Fund pays the difference between the unpaid credit amount or any portion thereof, and the income received by the credit institution from the exaction.
Additionally, the businessman seeking this agricultural loan is in a farming business for more than a decade and works over 600 hectares of arable land. To take care of large fields, he has a tractor, combine harvester and many more heavy-duty vehicles needed in agriculture. However, to increase farms' efficiency, the businessman decided to purchase a telescopic loader „Manitou MLT 940 140V+“ for 110.110€.
• Investing from 100 € - interest 10,30%
• Investing from 500 € - interest 10,90%
• Investing from 1.000 € - interest 11,20%
• Investing from 2.000 € - interest 11,40%
• Investing from 5.000 € - interest 11,70%
• Investing from 10.000 € - interest 11,90%
• Investuojant nuo 20.000 € - interest 12,20%
• Investuojant nuo 30.000 € - interest 12,60%