What is HeavyFinance?
HeavyFinance is a marketplace, where investors and businesses dependent on the use of heavy equipment meet. The investment opportunities provided by the HeavyFinance platform are always backed by heavy equipment as collateral.
Why invest via HeavyFinance?
HeavyFinance is the only platform providing an opportunity to invest in loans backed by heavy machinery. The significant benefit of heavy equipment as collateral is the liquidity of this type of asset. Tractors, combines and other heavy machines are easier to sell than real estate and don’t lose much value in times of uncertainty.
What measures does HeavyFinance take to ensure loan security?
Depending on the project, various measures can be taken to ensure the security of the loan. Here are some of them:
- Pledge of property by the primary mortgage;
- Civil and Comprehensive vehicle insurance, where HeavyFinance platform is indicated as the beneficiary;
What does the LTV (Loan-to-Value) indicator next to the projects mean?
The LTV indicator provided next to each crowdfunding project shows the loan amount to pledged property value ratio. The lower the indicator, the lower the investment risk, as in the case of non-repayment of the loan, the value of the property sold will be higher than the loan.