This project provides the HeavyFinance investor community with an opportunity to finance a loan of a Lithuanian leader in renting second-hand machinery - Nova rent. The collected funds will be used to acquire a used harvester Claas Lexion 760TT.
Launched in 2017, Nova rent is a leader in used equipment rental and service in Lithuania, which is successfully expanding its operations abroad. HeavyFinance investor community has already fully invested in several loans listed on the platform - the total current company's loan portfolio is 359.170 €. Nova rent has already repaid three loans, which value was 254.000 €.
The company is now borrowing 135.000 € to buy a Claas Lexion 760TT combine harvester (made in 2013). The loan will be secured by pledging the purchased equipment, which is worth 193.600 € including VAT.