The company was established eight years ago, and since then it has actively cultivated crops, such as wheat, rape, and barley. The company uses 579.3 hectares of arable land for crop production, from which 23 ha is owned by Verslo Valstija.
The company owns several different tractors, a combine harvester, a seeder, and other heavy equipment items necessary for the farming activities. Now, the firm is acquiring four agricultural installments, such as cultivator, weeder and two telescopic loader's buckets.
To purchase these agricultural installments and increase working capital, the company is borrowing 45.500€ from the HeavyFinance investor community.
Minimum loan term: 4 months
The risk class for this loan provided by the originator is A.
Value of mortgaged property: 65 052 € (VAT included)
Loan to current asset value ratio: 70%. The pledged property is covered by Kasko insurance.
Harvest sold from 2020-10-01 until now: 30,000 €
Received payables from 2020-10-02 until now: 64,914 €
Interest will be paid monthly.
The Interest is calculated from the date on which the loan amount is paid.
If the project owner does not collect the amounts to be financed, the collected funds will be returned to the funders by transferring them to the account from which they were transferred. The Platform Operator also has the right to offer the Project Owner to reduce the amount to be financed during the Project financing term or to extend the Project financing term. In this case, if the amount to be financed is reduced or the term of financing the Project is extended, it shall in all cases be announced on the Platform and the Fund's financiers shall be informed thereof.
|26.02.2021||Paid||No||18 February 2021, 20:16|
|26.03.2021||Paid||No||01 March 2021, 15:51|
|26.04.2021||Paid||No||07 April 2021, 00:58|