|Project rating||Originator rating|
The risk scoring provided for this project has been assessed by the originator. The risk scoring is of an informative nature only & can not be considered investment advice.
This project provides HeavyFinance investor community with an opportunity to invest in agricultural loan for a company cultivating 500 hectares of arable land. The firm has a lavender field, walnut tree field, and also grows grain among other plants.
Fields are located in Dalgopol, a town in northeastern Bulgaria, part of Varna Province, where the company started operating in 2009. To run operations efficiently, the company already has a tractor, combine harvester and more heavy equipment. This time, seeing an opportunity to add more heavy-duty vehicles to its’ fleet, the company is borrowing 33.786 € from HeavyFinance investor community. Consequently, three heavy-duty vehicles will be purchased:
The risk class for this loan provided by the originator is B.
Value of pledged property: 59.249 €
Loan to current asset value ratio: 57%
The Interest will be paid monthly.
The Interest is calculated from the date on which the loan amount is paid.
Minimum loan term: 4 months
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.