Project: Lt0001482 - Platform: Heavy Finance | Brickfy

LT0001482

Platform: HEAVY FINANCE
Type: LENDING

Closed for investment

Scheduled

General Information


LENDING

AGRICULTURAL LOAN

HEAVY FINANCE

BB

Monthly


Financial Information


€14,000.00

--

€0.00

€5.00

15.00 %

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--

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Important Dates

394

2023-07-07

2025-01-07


Description

Description

A vegetable farm has been established in Šakiai district. Since 2021 the farm has been growing potatoes, carrots, other vegetables and some wheat and barley.

The farmer uses a tractor, a potato harvester, a sowing machine, a trailer and other implements purchased under an NMA project.

The farmer is currently seeking a loan of EUR 14 000 for turnover, which will be used for the purchase of machinery.

The farmer is currently using 19,88 ha of rented land, but plans to buy his own land next year, thus expanding the farm to at least 50 ha.

Business information

Declared land, ha 19.88

Owned land, ha 0

Revenue 2022 €29 532

Revenue 2021 €15 633

Security measures

Personal liability of the project owner


Payment Calendar Table

Former payment schedule prior to its amendment dated 2023-12-09