Fully invested

LT0000152, Loan for an excavator backed by 11,34 ha of land

Raised:
11 000.00 €
Goal:
11 000.00 €
Loan number
LT0000152
Yearly return rate
12 %
Goal
11 000.00 €
Loan period
31 Months
Risk rating
B
Extra measures
Pledge of assets
Investors
38
Location
Lithuania
Secondary market
Introduction
Detailed Information
Project owner
Project risks
Documents

Secondary market

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Introduction

With this project, we invite the HeavyFinance community to invest in a livestock farm. The collected funds will be used to purchase an excavator. The loan will be secured by the pledge of 5 plots of land, with a total area of 11.34 ha.

A farmer, cultivating a livestock farm in Anykščiai district, is counting the eighth season of his agricultural experience. Twenty-five beef cattle graze on the farm's pastures - 18 cows and the offspring.

The businessman uses a tractor and its implements for farming. Currently, the project owner is looking for an excavator, which will be used not only for his own need - the farmer is planning to provide services with a new heavy equipment unit to other farms.

Area of declared land: 54,85 ha, from which 30 ha is owned by the farmer

Annual interest

Fixed annual interest rate - 12%

Detailed Information

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Project owner

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Project risks

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Documents

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Success

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