Fully invested

LT0000098, Working capital loan backed with a 2,4 hectares of land

Raised:
5 200.00 €
Goal:
5 200.00 €
Loan number
LT0000098
Yearly return rate
11 %
Goal
5 200.00 €
Loan period
7 Months
Risk rating
A
Extra measures
Pledge of assets
Investors
22
Location
Lithuania
Secondary market
Introduction
Detailed Information
Project owner
Project risks
Documents

Secondary market

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Introduction

About project

This project provides the HeavyFinance investor community with an opportunity to invest in the development of the Lithuanian farm. The funds are collected to increase working capital. 2,4 ha of arable land will be pledged to secure the loan.

The project owner is engaged in agriculture since 2000 and now develops a 84,61 ha farm in Radviliškis district. Crops such as wheat, barley, and oilseed rape are grown here.

For all necessary farming work, the farmer uses a tractor and other heavy-equipment needed for efficient work. In order to properly prepare for the upcoming season, the farmer seeks to increase working capital. To achieve his goal, the businessman is raising 5.200 € from the HeavyFinance investor community.

Annual interest:

Fixed annual interest rate - 11%

Detailed Information

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Project owner

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Project risks

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Documents

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No investments found.

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Success

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