Create an account to make your first investment in only few steps!
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.
BG0002031
| Project owner | Address |
|---|---|
| Tsvetomir Nachalnishki, AGROPOL 2014 Ltd. | Selanovtsi village, Vratsa district, Mizia municipality |
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 1103.17 ha | 70.00 ha |
| 2022 | 2021 | |
|---|---|---|
| Revenue | 5,069,459.00 € | 4,195,149.89 € |
| Net profit | 324,159.05 € | 361,483.36 € |
| Equity ratio | 22.69% | - |
Loan calculator
Pick one of the suggested or type in your own amount to see interest rate and preliminary earnings. 12.1%
0.00 €
Documents
Payment schedule
Tsvetomir founded his company Agropol 2014 Ltd. in 2015 with the main focus on crop production. The farm is located in the Vratsa district, Mizia municipality. The farmland is cultivated with wheat, sunflower, corn, and rapeseed.
Developing the farm has always been the goal of the company. They extended their farm territory from 300 hectares of arable land in 2022 to 506.52 hectares in 202. Today, the company manages a total of 1103.07 hectares, which helps increase the farm's capacity.
The company has shown a steady increase in revenue. In 2022, the income was over 5 million euros. Besides, the company generated an income of over 4 million euros in 2021, almost doubling 2020's income thanks to better crop yields throughout the year and, of course, the higher capacity.
This is not the first loan of Agropol 2014 Ltd. on the HeavyFinance platform. The company has previously borrowed two loans with a total amount of €78 705 working capital to cover the costs of seed, fertilizer, and fuel. The first loan has already been fully repaid, the company currently has an active loan balance of 27 675 €. Recently, the company has raised 23 649 € from the HeavyFinance investor community for the working capital and the loan is under the documentation process.
Now, the company aims to borrow an additional 37 911.00 € to cover the costs of seed, fertilizer, and fuel. The loan will be secured by a pledge on a wheeled loader and a disc harrow
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.