Innovative funding solutions for producers

Sponsored by Agrico

Agrico has partnered with Nedbank Commercial Banking to offer farmers enhanced financing options for their new centre-pivot irrigation systems.

Innovative funding solutions for producers

Photo: Supplied
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The two companies share a deep commitment to supporting the agriculture sector as a key contributor to the South African economy.

They recognise the importance of sustainable farming practices, not only in ensuring the nation’s food security, but also in nurturing the long-term health of the agriculture industry.

This partnership signifies a significant step towards empowering producers with the financial resources needed to optimise their farming operations.

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Key features and benefits of Nedbank’s finance offering, subject to applicants meeting qualifying criteria:

  • It is easy to apply. You can visit your nearest Agrico branch and speak to a consultant who will guide and help you with the application process.
  • You enjoy preferential interest rates. You can finance up to 100% of the cost of a centre-pivot irrigation system. This includes pipes, electrical components and installation cost. You can also finance upgrades such as a new control panel or spray packages, as long as they contribute to enhanced sustainability.
  • These finance options are available to all Agrico clients. Nedbank does not have to be your main bank, although you may want to explore its wide range of competitive banking products and services. Nedbank would be happy to share more information with you.
  • Nedbank will consider flexible repayment periods of up to 10 years.

Agrico believes that embracing advanced irrigation technology and improved farming practices increases efficiency, boosts yields and reduces water and electricity usage.

This not only drives long-term cost savings but increased profitability. Switching to Agrico’s water-efficient irrigation systems will empower you with a distinct competitive edge in the market.

To apply, get in touch with your local Agrico representative or visit agrico.co.za.