Fully invested

LT0000086, Working capital loan backed by receivables from the sale of the crops

Raised:
60 000.00 €
Goal:
60 000.00 €
Loan number
LT0000086
Yearly return rate
10.7 % - 12.9 %
Goal
60 000.00 €
Loan period
8 Months
Risk rating
B
Investors
119
Location
Lithuania
Secondary market
Introduction
Detailed Information
Project owner
Project risks
Documents

Secondary market

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Introduction

This project provides the HeavyFinance investor community with an opportunity to finance a Lithuanian company. The funds are collected to increase working capital. The loan will be secured by receivables from the sale of the crops.

The company, established a few years ago, is actively preparing for the 2021 season. To maintain a successful farming process, the company needs additional working capital to pay for the fertilizer. UAB Geri grūdai is borrowing 60.000 € from HeavyFinance investors community to implement the goal.

This is not the first UAB Geri grūdai project on the HeavyFinance platform - recently the company borrowed 50.000 € to increase working capital and 51 810 € for a used Hardi Alpha HAZ self-propelled sprayer. The first loan has already been repaid. The payment date for the other project has not come yet.

UAB Geri grūdai also uses two tractors, a loader, and other heavy equipment on its farm.

Interest:

  • Investing from 100 € - interest 10,7%
  • Investing from 500 € - interest 11,4%
  • Investing from 1.000 € - interest 11,7%
  • Investing from 2.000 € - interest 12%
  • Investing from 5.000 € - interest 12,2%
  • Investing from 10.000 € - interest 12,4%
  • IInvesting from 20.000 € - interest 12,9%

Detailed Information

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Project owner

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Project risks

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Documents

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Investments

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Success

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