Fully invested

CASE IH MAGNUM 315

Raised:
55 000.00 €
Goal:
55 000.00 €
Interest
10.9 % - 13 %
Goal
55 000.00 €
LTV
63%
Loan period
12 Months
Risk class
B
Loan type
Loan for purchase
Investors
37
Location
Lithuania
Introduction
Detailed Information
Project owner
Project risks
Documents

Introduction

Doro LT UAB (hereinafter, the “Project Owner”) is an agricultural machinery rental company based in Kaunas. The firm already has two combine harvesters and one tractor, which led to almost double increase of its annual revenues. Doro LT is willing to acquire a tractor Case IH Magnum 315 and start renting it in both Lithuania and Latvia.


Purpose of the loan


To purchase Case IH Magnum 315 tractor manufactured in year 2013.


Project investment return and interest payment


  • Start of the loan financing period on the HeavyFinance (Platform Operator) platform: 2020-06-26
  • End date of the financing period: 2020-07-10, or until the loan is fully financed.
  • Investment: from 100 €
  • Annual return on investment: from 10.9% to 13%.
  • Loan term: 12 months
  • Interest on the loan amount is calculated from the date (inclusive) on which the loan amount is paid into the beneficiary's account.
  • Interest is paid monthly and the first interest payment is made one month after the loan disbursement date.
  • Principal will be paid in the end of the loan term.

Detailed Information

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Project owner

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Project risks

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Documents

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Prisijungti
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Investments

No investments found.

Calculate investment

Amount
100
100
55000
100
Interest
%
10.9
10.9
14.9
10.9
With this project in one month I will earn
0 €
After 12 months I will earn
0 €
Platform fee
0 €

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Tikslas:
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Pavyko

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