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USA - Capitalize on 0%1 APR Financing from Horizon Ag and BASF


USA
November 18, 2020

Horizon Ag and BASF, in association with partners John Deere Financial and Rabo AgriFinance, are offering rice farmers two 0%1 APR financing programs to save on seed and crop protection products for the 2021 season. Farmers can use these latest offers to put themselves in a better position to improve overall profitability, and taking advantage of 0% APR financing is also a smart way to plan ahead for timely cash flow management.

Improve Cash Flow and Extend Management Options

“Having the ability to secure 0% financing for seed and herbicide products is not just a good deal for farmers who need the financing for that initial purchase,” said Dr. Tim Walker, Horizon Ag general manager. “It also can be a strategic approach to ensure cash flow is available to better afford late-season applications essential to maintaining yield potential."

"We tend to think of rice farming as front-end loaded, in terms of inputs," Dr. Walker said, "but it's often that fungicide application or another practice at the back end of the season that makes a big difference at harvest." 

Over the years, Horizon Ag and BASF have worked together on new technologies that give rice farmers more options, more flexibility and more opportunities to improve profitability. This is the third straight year Horizon Ag and BASF have partnered to provide 0% APR financing for their products.

“Financing is an issue year-in, year-out for many farmers,” said Dr. Walker. “Agriculture has been in a down cycle for some time, and the ability to secure financing at an attractive interest rate is important. The 0% financing programs we’re offering are particularly attractive because they run throughout 2021, allowing farmers to get their rice harvested and at least some of it sold before full payment is due. The programs are excellent from a flexibility standpoint.”

Under the John Deere Financial program, farmers can use their Multi-Use Account to finance what they need this season at 0% APR. They also can choose to use the 0% financing program from Rabo AgriFinance to purchase high-performing products from Horizon Ag and BASF.

Eligible products for both programs may include:

  • Horizon Ag Clearfield® varieties – New CLL16 and CLL17, as well as popular, established varieties CL111, CL151, CL153, CL163, CLJ01, CLL15 and CLM04, followed by Clearpath® herbicide or Newpath® herbicide.
  • Horizon Ag Provisia® rice varieties – PVL02 and PVL03, followed by Provisia® herbicide and Facet® L herbicide.

BASF crop protection products applied to rice acres – Beyond® herbicide, Facet® L herbicide, Sharpen® herbicide or Prowl® H2O herbicide.

“Horizon Ag is proud to work with other industry leaders to ensure our customers have the financing they need for key inputs like rice seed and crop protection products,” said Dr. Walker. “These programs can be used to purchase outstanding Horizon Ag Clearfield and Provisia varieties that provide farmers top-end yield potential, as well as superior agronomic and disease packages.”

Products may be purchased at different times from one or multiple Horizon Ag and BASF Authorized Retailers. The programs began on October 1, 2020 and will run through September 30, 2021. They require minimum purchase of one product and $5,000 minimum purchase required, with payment due in full by December 2021.

Contact your Horizon Ag or BASF representative for more information about these special offers.



More news from:
    . Horizon Ag LLC
    . BASF Agricultural Solutions


Website: http://www.horizonseed.com

Published: November 18, 2020

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