The businessman has been running an apple farm since 2009 with an annual production of 600 tons in a good year. The farmer is wholesaling his production to the retailers.
Over the past several years the farmer has been investing in heavy equipment and needful tools to increase the farm’s efficiency. Consequently, he has two tractors that are no older than 5 years and also some smaller implements.
Due to a bad season in 2020, the businessman needs extra working capital to prepare the farm for the next harvesting season. Therefore, he presents a proposal to the HeavyFinance investor community to invest in his loan.