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.

BG0002010

Goal
19,560 €
Raised
19,560 €
100%
Return rate
up to 14%
Rating
A
Period
14
Time left
LTV
30%
Country
Bulgarija
Loan purpose
Apyvartinio kapitalo padidinimui
Business information
Security measures
Loan history
Project owner Address
Viliana Ivanova Dimitrova, LTD "Dimitrovi IV" Popovo town, Targovishte region
header_1 Declared Owned
Dirbama žemė 270.00 ha 20.00 ha
20222021
Revenue 732,800.00 € 635,000.00 €
Net profit 293,850.00 € 83,500.00 €
Equity ratio 42.9% -
Bendra įkeisto turto vertė

65,200.00 €

Plūgas OVLAK LV 3 2007 6,100.00 € Pagal nepriklausomą turto vertinimą
Sėjamoji TRAMLIN SX 3 2008 13,500.00 € Pagal nepriklausomą turto vertinimą
Sėjamoji AZIM 6 2018 8,500.00 € Pagal nepriklausomą turto vertinimą
Kultivatorius ZANON TMU 1850 2013 6,300.00 € Pagal nepriklausomą turto vertinimą
Kiti žemės ūkio reikmenys Disc harrow PALLADA 4000 2018 8,900.00 € Pagal nepriklausomą turto vertinimą
Purkštuvas AGRIUMA ATROX MAXI 2000L 2018 14,900.00 € Pagal nepriklausomą turto vertinimą
Traktoriaus priekaba REMBY AT2RT10 2018 7,000.00 € Pagal nepriklausomą turto vertinimą
Asmeninis laidavimas Guarantee from Legal entity "Bioinvest Ltd." - -
Asmeninis laidavimas Personal surety from the project owner's father - -
Daugiau apie apsaugos priemones skaitykite čia.
Loan number Project goal Outstanding principal Paid interest Status
BG0002010 19,560.00 € 19,560.00 € 0.00 € Aktyvi
BG0000588 85,600.00 € 0.00 € 4,181.68 € Grąžinta
BG0000698 28,000.00 € 0.00 € 1,731.24 € Grąžinta
BG0001010 15,000.00 € 0.00 € 2,031.05 € Grąžinta
BG0001011 85,000.00 € 84,500.00 € 13,407.06 € Aktyvi
BG0001229 52,500.00 € 52,100.00 € 6,855.25 € Aktyvi
BG0001338 33,000.00 € 0.00 € 3,046.70 € Grąžinta
BG0001480 32,000.00 € 32,000.00 € 3,296.30 € Aktyvi
BG0001746 50,500.00 € 49,700.00 € 2,169.00 € Aktyvi
BG0002002 22,110.00 € 22,058.87 € 442.32 € Aktyvi
Project description
Documents
Payment schedule
Dimitrovi IV Ltd. has been operating in Popovo, Bulgaria since 2009. Their produce is mainly sold in the European market. The company has all the necessary equipment needed for harvesting, processing and other smaller implements, including the combine harvester and tractor. For the economic year 2022-2023, it increases the cultivated area by 20 hectares.Company cultivated 120 hectares of wheat, 30 hectares of alfalfa and 120 hectares of organic sunflower. Dimitrovi IV Ltd. and its affiliated company, Bioinvest, have taken 11 loans from Heavy Finance, amounting to a total of 460,600 euro. Out of these, 6 loans, totaling 220,000 euro, have already been repaid. The client now requires a new loan of 19 560 euro. This sum will be used to cover the final installment of 11,220 euro for BG0001338, with the remaining funds allocated for working capital..As collateral for the loan, the following items will be pledged: plow, two seeders, shredder, disc harrow, sprayer, trailers. They are valued at 65 200 euro. Additionally, Bioinvest company and the client's father will be included as guarantors.
Active loans balance: Collateralized - € 231000 Uncollateralized - € 0
Active loans total: € 231000

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.