LT0001600
Closed for investment
General Information
LENDING
REAL ESTATE
HEAVY FINANCE
BB
Monthly
Financial Information
€15,000.00
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€0.00
€5.00
13.50 %
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Important Dates
700
2023-09-21
2025-08-21
Description
Description
Farmer started farming in 2005, when he took over his parents farm.
Farmer grows wheat, corn, oats, peas and has around 72 cattles, some of them are milking cows.
Farmer works on the farm together with his family. Farmer has 2 tractors, harvester and smaller pieces of equipment.
The farmer approached the HeavyFinance investor community for a loan to increase the farm's working capital.
Business information
Declared land, ha 113.68
Owned land, ha 50.00
Revenue 2022 €156 388
Revenue 2021 €128 897
Net profit 2022 €65 623
Net profit 2021 €35 470
Equity ratio 2022 16%
Security measures
Personal liability of the project owner
Main Terms
The interest will be paid monthly
The interest is calculated from 16 working days after full loan financing
Minimum loan term: 4 months