Funding for crop farmer

Paskola

• Suma € 14000.00
• Palūkanų norma 10%
• Laikotarpis 24m
• Įkaito tipas Mašinos
• LTV 54%

Apibūdinimas

This project gives LANDE investors an opportunity to provide funding in the amount of € 14 000 for a self-employed farmer, against commercial pledge of machinery - tractor, model ARMATRAC 804, year of issuance 2015, identification no. M475C0Y028257 and wheeled tractor, model MTZ-82,1, year of issuance 1998, identification no. 467442.

This project gives an opportunity to make a loan with an annual rate of 10%, LTV of 54%, loan term of 24 months, with monthly manner of interest payments.

Borrower is engaged in crop farming. The aim of this project is to refinance an existing loan. Financial results in 2021 were: net revenue: € 54 648,50.

The collateral consists of two tractors: ARMATRAC 804, year of issuance 2015, identification no. M475C0Y028257 estimated market value is € 20 000 and MTZ-82,1, year of issuance 1998 estimated market value is € 6 000.

The current market value of the pledged machinery is estimated at € 26 000. The borrower aims to repay the loan from incoming business revenues.

This project is backed by a commercial pledge on the collateral. For additional guarantee the shareholder of the borrower is providing a personal surety-ship in the full loan amount and a commercial pledge is going to the registered on all assets belonging to the borrower.

Dokumentai

• Machinery valuation ARMATRAC 804
• Machinery valuation MTZ - 82.1

Kitos paskolos gavėjo paskolos

• Funding for purchase of machinery
• Funding for costs during harvesting
• Funding for self-employed farmer
• Funding for Self-employed farmer
• Funding for Self-employed farmer