PL0001651
Closed for investment
General Information
LENDING
AGRICULTURAL LOAN
HEAVY FINANCE
B
Monthly
Financial Information
€10,150.00
--
€0.00
€5.00
17.00 %
--
50.00 %
property_first
Important Dates
1096
2023-10-04
2026-10-04
Description
Description
The farmer has been working on the farm since 1997, right after leaving school. He inherited the farm from his parents, and takes care of it alongside his son (who also has loans from HeavyFinance).
The entrepreneur was previously involved in pig farming but had to give up due to ASF (African Swine Fever). He's also breeding Slovenian cold-blood horses since 2007 and currently owns 11 horses. He makes his own feed from his own fodder and now plans to return to pig breeding, so he stores most of the grain to prepare for breeding.
The sowing structure consists of: rye - 6ha, triticale - 22ha, maize - 10ha and wheat - 5ha. The farmer also has 12 hectares of meadows. The entrepreneur sows intercrops, and straw is collected from the field and returned as manure.
Machinery used on the farm:
- MCCORMICK 125 Gmax tractor
- ZETOR 8211 tractor
- URSUS C-360 tractor
- NEW HOLLAND TX36 combine harvester
- WEIDEMANN TC4512 loader
- UNION 4-furrow rotary plough
- combine with seed drill
- cultivator
- harrow
- rotary mower
The horses are sold to local buyers, same with grain. This loan from HeavyFinance will be used to get back to pig production.
NOTE: The majority of the grain is stored for pigs, which is why his 2022 profits were lower.
Business information
Declared land, ha 55.00
Owned land, ha 22.00
Revenue 2022 €21 660
Revenue 2021 €33 515
Security measures
Personal liability of the project owner
Agricultural land of land and mortgage register no. TO1T/00017612/5. Value: €20 350. 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