Fully invested

LT0000102, Equipment loan for a new trailed disc harrow

Raised:
30 000.00 €
Goal:
30 000.00 €
Loan number
LT0000102
Yearly return rate
12.1 % - 14.2 %
Goal
30 000.00 €
Loan period
32 Months
Risk rating
C
Extra measures
Pledge of assets
Investors
52
Location
Lithuania
Secondary market
Introduction
Detailed Information
Project owner
Project risks
Documents

Secondary market

svg
Login
Register

Please register or sign in to access this information.

Introduction

About project

With this project, we invite the HeavyFinance investor community to invest in the development of a Lithuanian farm heavy machinery fleet. The received funds will be used in order to purchase a new trailed disc harrow from Dotnuva Baltic, UAB. The loan will be secured by pledging the purchased equipment.

The project owner has been successful in the agriculture field for seven years. During this time he expanded his crop farm in Pasvalys district from 60 to 174.86 ha of declared land areas. Beans, wheat, and dill are mainly grown here.

Having recently rented more lands, the project owner is looking for funding opportunities to purchase new equipment. With this project, the farmer borrows 30.000 €, which will be used to purchase a trailed disc harrow Kverneland Qualidisc Pro.

Currently, the farm heavy machinery fleet consists of four tractors, a drill, a combine, a cultivator, and other equipment necessary for harvest preparation.

The entrepreneur is not only planning to purchase new equipment but also to complete the grain storage facility that is now under construction. After acquiring more plots of arable land the farmer expects a successful season, therefore he prepares for it in advance.

HeavyFinance investors have already provided the farmer with financing to purchase another new agricultural equipment unit. With the LT0000100 project the farmer borrowed 41.500 € for a new seeder Kverneland u-drill.

Area of declared land: 174,86 ha, from which 27 ha is owned by the farmer.

Equipment seller: Dotnuva Baltic, UAB

Interest:

  • Investing from 100 € - interest 12,1%
  • Investing from 500 € - interest 12,8%
  • Investing from 1.000 € - interest 13,1%
  • Investing from 2.000 € - interest 13,6%
  • Investing from 5.000 € - interest 13,8%
  • Investing from 10.000 € - interest 14,2%

Detailed Information

svg
Login
Register

Please register or sign in to access this information.

Project owner

svg
Login
Register

Please register or sign in to access this information.

Project risks

svg
Login
Register

Please register or sign in to access this information.

Documents

svg
Login
Register

Please register or sign in to access this information.

Investments

No investments found.

Other projects

LT0000125, Equipment loan for a tractor LS Mtron XR50

Left to invest:
13 dienos 00:20:36
Raised:
8 951.00 €
Goal:
23 885.00 €
Details
Invest

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

Raised:
17 000.00 €
Goal:
17 000.00 €

LT0000128, Working capital loan backed by tractor semi-trailer

Raised:
34 840.00 €
Goal:
34 840.00 €

Success

svg