Fully invested

LT0000149, Equipment loan for a combine harvester John Deere T670

Raised:
98 600.00 €
Goal:
98 600.00 €
Loan number
LT0000149
Yearly return rate
11.8 % - 14.1 %
Goal
98 600.00 €
Loan period
16 Months
Risk rating
B
Extra measures
Pledge of assets
Investors
133
Location
Lithuania
Secondary market
Introduction
Detailed Information
Project owner
Project risks
Documents

Secondary market

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Introduction

This loan project is intended for the development of the Lithuanian agricultural company Bernotų ūkis. The company is borrowing for the purchase of a used combine harvester John Deere T670. The loan will be secured by pledging the purchased technical unit.

The company, operating for three years, produces various meat products, like sausages, rolls, raw meat production. At the same time, the firm cultivates a 620.8 ha farm where oilseed rape and winter wheat are grown.

The company's technical fleet consists of a combine harvester, sprayer, grain storage, and dryer. Currently, Bernotų ūkis is planning to acquire an additional combine harvester and is borrowing 98.600 € to implement this project.

Although the firm currently purchases cattle from other farms, it plans to acquire a livestock farm in the near future that will be used to raise beef cattle.

It is not the first company’s loan on the HeavyFinance platform - three projects were recently listed.

Area of declared land: 620,8 ha, from which 15 ha is owned by the farmer.

Annual interest

  • Investing from 100 € - interest 11,8%
  • Investing from 500 € - interest 12,4%
  • Investing from 1.000 € - interest 12,7%
  • Investing from 2.000 € - interest 12,9%
  • Investing from 5.000 € - interest 13,2%
  • Investing from 10.000 € - interest 13,4%
  • Investing from 20.000 € - interest 13,7%
  • Investing from 30.000 € - interest 14,1%

Detailed Information

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Project owner

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Project risks

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Documents

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Investments

No investments found.

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Success

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