Project: Lt0001023 - Platform: Heavy Finance | Brickfy

LT0001023

Platform: HEAVY FINANCE
Type: LENDING

Closed for investment

Scheduled

General Information


LENDING

BUSINESS LOAN

HEAVY FINANCE

BBB

Monthly


Financial Information


€15,000.00

--

€0.00

€5.00

14.50 %

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--

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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


Payment Calendar Table

Former payment schedule prior to its amendment dated 2024-01-04

Former payment schedule prior to its amendment dated 2024-01-24