Agriculture loan

Agriculture loans are tailored to acquire capital for various purposes such as expansion, inventory purchase, equipment acquisition, hiring staff, or to manage day-to-day operational expenses. The terms and conditions of these loans vary depending borrower's creditworthiness, collateral, repayment tenure and other factors.

LT0001871

Goal
15,000 €
Raised
15,000 €
100%
Return rate
14%

Rating
B

Period
21

Time left

LTV
-

Country
Lithuania

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner Address
LIUTAURAS PAMARNACKAS Senasis Vilniaus kel. 15, Liūdynės k., Velžio sen., Panevėžio r. sav.
header_1 Declared Owned
Dirbama žemė 67.59 ha 12.00 ha
20222021
Revenue 104,436.37 € 61,797.11 €
Net profit - -
Equity ratio - -
Bendra įkeisto turto vertė

0.00 €

Other Personal liability - -
Daugiau apie apsaugos priemones skaitykite čia.
Loan number Project goal Outstanding principal Paid interest Status
LT0001871 15,000.00 € 15,000.00 € 523.74 € Aktyvi
LT0001459 32,000.00 € 21,448.06 € 2,520.98 € Aktyvi
Project description
Documents
Payment schedule

To help a farmer collect funds faster, we offer you to earn even more. When investing, use the promo code heavy1871 and get 2.00% cashback.

We invite you to invest in a family farm operating on 67.6 hectares of land, of which 12 hectares are owned. The farm specialises in crop production, growing wheat, oilseed rape, barley, beans and peas.


The farm's technical equipment includes a tractor, a cultivator, a combine harvester, a truck, a sprayer and other smaller equipment.

The farmer has borrowed EUR 32 000 from the HeavyFinance investor community (loan number LT0001459). He has excellent credit payment habits - he always pays his obligations on time and his credit balance now stands at EUR 21 448. 

With this loan farmer intends to increase his working capital and expand his business. Join us to help further develop this promising farm.

Project risks

For this project, there is a risk of losing all the profits made and the funds invested.

In this case, if the Project Owner fails to fulfill its obligations, the Platform Operator will take all necessary measures to protect the interests of investors and use the provided collateral, but the Platform Operator does not guarantee the full fulfillment of the Project Owner's obligations.

Financial agreements are not subject to the insurance protection established by the Law on Insurance of Deposits and Liabilities to Investors of the Republic of Lithuania.

Additional information:

If the project owner does not collect the amounts to be financed, the collected funds will be returned to the funders by transferring them to the account from which they were transferred. The Platform Operator also has the right to offer the Project Owner to reduce the amount to be financed during the Project financing term or to extend the Project financing term. In this case, if the amount to be financed is reduced or the term of financing the Project is extended, it shall in all cases be announced on the Platform and the Fund's financiers shall be informed.