LT0001023
Closed for investment
General Information
business loan
Claim Assignment
HEAVY FINANCE
BBB
Monthly
Financial Information
€15,000.00
--
€0.00
€5.00
14.50 %
--
--
--
Important Dates
1431
2022-12-05
2026-11-05
Description
The farm was established in 2017 with a focus on raising rear beef cattle. Now the woman declares 5.24 ha of farmland where her 8 beef cattle is grazing. Although the project owner does not currently declare ownership of the land, she is preparing documents to buy back 1 ha of land from the state.
She is accompanied by her spouse, who declares an additional 3.82 ha of land and also raises 4 beef cattle. On top of that, the family also has formal employment as another source of income.
With strong ambition, the farmer plans to declare at least 25 ha of farmland next year.
The farmer is looking for external finance to purchase a tractor. The loan is secured with the sole accountability of the farmer herself. On top of that, the spouse also provides his personal guarantee to secure the loan.
The spouse declared 15 422 € and 18 228 € of income in 2021 and 2022 respectively.
Business information
Declared land, ha 9.06
Owned land, ha 0.00
Revenue 2021 €15 817
Revenue 2020 €6 981
Security measures
Sole accountability
Personal surety of the project owner's spouse