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