Description

Dariusz inherited the farm 9 years ago and currently declares 7,47 hectares of arable land. The farmer works on the farm with his son who will inherit the farm.

The project owner cultivates wheat (2,8ha) triticale (1,47ha), and rapeseed (3,20ha). He has two grain buyers in his area, whom he has been working with since taking over the farm.The entrepreneur has 2 tractors (Ursus) and other machinery needed for the business, however, he plans to modernise the farm in terms of machinery. The previous funding let him purchase a cultivation unit and a weeder. With these machines, his farm is more sustainable, moreover, he will be able to give up ploughing and switch to no-till. Once the machinery will be completely replaced, the farmer will seek to increase the cultivated area of his farm.

The farm is not Dariusz's main income, however, the revenue is only from the farm's earnings.

Most of this financing will be used to refinance his 2 two loans from HeavyFinance, the rest will be used for working capital.

Business information

Declared land, ha 7.47

Owned land, ha 7.47

Revenue 2022 €64 438

Revenue 2021 €30 403

Security measures

• Personal liability of the project owner
• Agricultural land of land and mortgage register no. LE1G/00071533/4. Value €37 600 (Based on the average prices presented by Central Statistical Office and the Agency for Restructuring and Modernization of Agriculture) 
  

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