Project: Lt0001456 - Platform: Heavy Finance | Brickfy

LT0001456

Platform: HEAVY FINANCE
Type: LENDING

Closed for investment

Scheduled

General Information


LENDING

AGRICULTURAL LOAN

HEAVY FINANCE

BBB-

Monthly


Financial Information


€15,000.00

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€0.00

€5.00

14.00 %

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--

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Important Dates

519

2023-07-05

2024-12-05


Description

Description

In the Biržai district, an agricultural farm has existed since 2015. Although the farm currently declares 100 ha of arable land where he owns 1,78 ha, but he and his father manage to operate on roughly 400 ha in total. 

The farm cultivates its land using a combine harvester, multiple tractors, and other equipment. On a permanent basis, only family members are employed on the farm. 

The farm strives to practice climate-smart agriculture and employ environmentally friendly farming techniques.

With the aims to start the rye harvest season, the businessman seeks for external finances to increase his working capital and cover the operational expenses. 

Business information

Declared land, ha 100.91

Owned land, ha 1.78

Revenue 2022 €111 350

Revenue 2021 €65 855

Security measures

Personal liability of the project owner


Payment Calendar Table