Project | Brickfy

LT0000998

Platform: HEAVY FINANCE
Type: LENDING

Open for investment

Loan not yet issued.
Crowdlending Project
(Campaign open!)
Amount Available:
€230.00

General Information


LENDING

AGRICULTURAL LOAN

HEAVY FINANCE

BB

Monthly


Financial Information


€15,000.00

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€230.00

€5.00

12.50 %

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Important Dates

1158

2022-12-02

2026-02-02

3 y. 2 m. 3 d.


Description

A farmer has been engaged in mixed farming for almost two decades. Although the businessman started his activity from crop production, he expanded his farming operations by acquiring several cattle a decade ago. Now he owns a mixed 73,2 ha farm in Biržai district. Almost half of the agricultural land - 31,62 ha - belongs to him. Currently, the farm cultivates rapeseed, winter wheat, barley, oats, as well as cattle. Out of the 28 cattle kept on the farm, 12 are dairy cows. The rest are beef cattle, as well as heifers. The farmer plans to add another 8 dairy cows to his farm.

The farm's current fleet of heavy machinery consists of several tractors, a sowing machine, a loader, a combine harvester and a dump truck with a manipulator.

To improve the efficiency of the farm, the businessman borrows 15 000 € from the HeavyFinance investors' community. The received funds will be used to purchase small plots of land.

The farmer is already known by the HeavyFinance investor community as he has previously borrowed a loan to renovate the roof of the barn and to purchase more dairy cows. The farmer's first loan has a balance of € 8 291.05 which expected to be fully repaid in December 2022.

Security measures

Sole accountability

Total value of pledged assets €0


Payment Calendar Table