Verslo Valstija, UAB, was established eight years ago, and since then it has actively cultivated crops, such as wheat, rape, and barley. The company uses 579.3 hectares of arable land for crop production, from which 23 ha is owned by Verslo Valstija.
The company owns several different tractors, a combine harvester, a seeder, and other heavy equipment items necessary for the farming activities. Now, Verslo Valstija, seeks to acquire additional equipment to increase its operational efficiency.
For this purpose, the company is borrowing 34.370 € from the HeavyFinance investor community, which will be used to purchase the used telescopic loader JCB 535 - 95 Agri Super (made in 2009) and to increase working capital.
Value of mortgaged property: 61 100€
Loan to current asset value ratio: 56%