Fully invested

Loan to acquire the harvester Komatsu 911.5

Raised:
50 400.00 €
Goal:
50 400.00 €
Interest
10.6 % - 13 %
Goal
50 400.00 €
Loan period
24 Months
Risk class
B
Loan type
Loan for purchase and working capital
Investors
78
Location
Lithuania
Secondary market
Introduction
Detailed Information
Project owner
Project risks
Documents

Secondary market

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Introduction

Metkirsta, UAB is a seven years old forestry company based in Trakai, a historic town close to the capital city of Lithuania. Last year, the company had more 400.000 euro in revenue and got a profit of more than 100.000 euro.

Therefore, Metkirsta wants to get a loan of 50.400 euro to acquire and prepare for work a harvester Komatsu 911.5 (made in 2011). In order to get this loan the company is using this heavy-duty vehicle and a harvester „Valmet 840.4” as collateral. Consequently, the loan-to-value ratio will not be higher than 60%.

Interest rates:


  • Investing from 100 € - interest 10,6%
  • Investing from 1.000 € - interest 11%
  • Investing from 5.000 € - interest 11,4%
  • Investing from 10.000 € - interest 11,8%
  • Investing from 15.000 € - interest 12,3%
  • Investing from 20.000 € - interest 13%

At present, the Platform Operator does not make it possible to transfer claim rights that are acquired by concluding financing transactions through the Platform. (No secondary market)


Purpose of the loan:


To purchase harvester “Komatsu 911.5” and to prepare it for work.


Project investment return and interest payment:


  • Start of the loan financing period on the HeavyFinance (Platform Operator) platform: 2020-10-01
  • End date of the financing period: 2020-10-15, or until the loan is fully financed.
  • Investment: from 100 €
  • Annual return on investment: from 10,6% to 13%.
  • Loan term: 24 months
  • The borrower will repay 30,240 EUR on an annuity basis and repay EUR 20,160 with the last loan instalment.

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.

Kiti projektai

Loan to Acquire a Telescopic loader JCB 541-70 Industrial

Liko investuoti:
12 dienos 22:46:17
Surinkta:
13 576.00 €
Tikslas:
60 000.00 €
Informacija
Investuoti

Loan Backed by a Piece of Land and the Tractor

Liko investuoti:
9 dienos 22:46:17
Surinkta:
9 309.00 €
Tikslas:
39 200.00 €
Informacija
Investuoti

Working capital

Surinkta:
20 000.00 €
Tikslas:
20 000.00 €

Pavyko

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