Fully invested

LT0000112, Working capital loan backed by tractor Case IH Puma 145

Raised:
29 500.00 €
Goal:
29 500.00 €
Loan number
LT0000112
Yearly return rate
11 % - 13 %
Goal
29 500.00 €
Loan period
32 Months
Risk rating
B
Extra measures
Pledge of assets
Investors
70
Location
Lithuania
Introduction
Detailed Information
Project owner
Project risks
Documents

Secondary market

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Introduction

About the project

With this project, we provide the HeavyFinance investor community with an opportunity to invest in the development of the Lithuanian mixed farm. The funding is intended to increase working capital. The loan will be secured by a used Case IH Puma 145 T tractor.

The farmer, who has 16 years of agricultural experience, cultivates a 136.41 ha mixed farm in the Lazdijai district. Fifty dairy cattle are currently raised on the farm as well as wheat and oilseed rape sown in the most fertile areas.

A couple of tractors, a combine harvester, a rake, and other necessary equipment are used to keep the efficient work on the farm. As the summer season is approaching, the project owner decided to increase the working capital with 29.500 € for which he plans to buy a mower. Besides, the farmer has recently received National Paying Agency support for the purchase of new equipment, therefore he is planning to borrow from the HeavyFinance investor community in the near future for further development of the farm's equipment fleet.

Area of declared land: 136,41 ha, from which 20 ha is owned by the farmer

Annual interest

  • Investing from 100 € - interest 11%
  • Investing from 500 € - interest 11,8%
  • Investing from 1.000 € - interest 12,5%
  • Investing from 2.000 € - interest 12,7%
  • Investing from 5.000 € - interest 13%

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

LT0000125, Equipment loan for a tractor LS Mtron XR50

Liko investuoti:
13 days 02:09:15
Surinkta:
7 451.00 €
Tikslas:
23 885.00 €
Informacija
Investuoti

LT0000126, Working capital loan backed by 3,1385 ha land, a tractor and a semi-trailer

Surinkta:
17 000.00 €
Tikslas:
17 000.00 €

LT0000128, Working capital loan backed by tractor semi-trailer

Surinkta:
34 840.00 €
Tikslas:
34 840.00 €

Success

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