TGS Baltic has advised HeavyFinance on forming a partnership with Multitude Bank – backed by the European Investment Fund’s Sustainability Guarantee – to bring more than EUR 17.5 million in funding for farmers in Lithuania and Poland.
HeavyFinance is an agriculture-focused financing platform.
Multitude Bank is a European provider of digital financial services.
According to TGS Baltic, this financing aims to help farmers adopt climate-positive practices, upgrade equipment, and support greener farming solutions. Moreover, the deal leverages a securitization vehicle to achieve lower borrowing costs and enhance financial accessibility.
The TGS Baltic Team included Partners Dalia Augaite and Marijus Krisciunas, Senior Associate Lukas Stankevicius, Associate Nortautas Zenevicius, Junior Associate Kotryna Visockyte, and Legal Assistant Gabija Sidlauskaite.
TGS Baltic did not respond to our inquiry on the matter.
