Fully invested

BG0000090, Equipment loan for three heavy equipment items

Raised:
33 786.00 €
Goal:
33 786.00 €
Loan number
BG0000090
Yearly return rate
13 %
Goal
33 786.00 €
Loan period
35 Months
Risk rating
B
Extra measures
Pledge of assets
Investors
115
Location
Bulgaria
Secondary market
Introduction
Detailed Information
Project owner
Project risks
Documents

Secondary market

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Introduction

This project provides HeavyFinance investor community with an opportunity to invest in agricultural loan for a company cultivating 500 hectares of arable land. The firm has a lavender field, walnut tree field, and also grows grain among other plants.

Fields are located in Dalgopol, a town in northeastern Bulgaria, part of Varna Province, where the company started operating in 2009. To run operations efficiently, the company already has a tractor, combine harvester and more heavy equipment. This time, seeing an opportunity to add more heavy-duty vehicles to its’ fleet, the company is borrowing 33.786 € from HeavyFinance investor community. Consequently, three heavy-duty vehicles will be purchased:

  • Used excavator Caterpillar 320 CL
  • Used grain harvester Claas Jaguar 880
  • Used header for harvesting corn Claas Orbis 600

Annual interest rate:

  • Fixed annual interest rate - 13%


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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