Agricultural Finance
Agricultural Finance
Harvest Opportunity with Dynamic Finance Solutions
To grow your business, you need to grow your assets. Agricultural finance gives farmers the solutions they need to grow and expand their enterprises without compromising on capital and quality.
In South Africa, farmers face many challenges, from tough economic conditions to climate change. Instead of presenting farmers with more challenges, Agri-asset finance solutions can help solve some of these challenges. For your agricultural businesses to thrive you need to invest in the right assets using the right finance solutions.
Helping you acquire the necessary agriculture finance assets for your farming operation
Offering bespoke Agricultural Asset Finance Solutions, we have worked with agricultural businesses in South Africa for over 20 years. Merchant West Asset Finance has built expertise in the financing of new and second‐hand Agri equipment as well as specialised equipment.
We understand your need for simple finance solutions which give you the assets you need to grow your business without any fuss. We have built strong relationships with agricultural asset suppliers which means that you get the best deals from globally renowned brands. You will also be given one dedicated Portfolio Manager to provide you with uncompromised service, giving your business the personal attention, it deserves.
Our dedicated Agriculture Finance team can structure a financial solution with flexible deposit and off-balance sheet options for conventional, infrastructure, industrial, logistical, technology, and water & energy-efficient assets such as:
- Tractors, harvesters, planters, trailers and crop sprayers
- Silos, irrigation, solar, netting, tunnels, security, greenhouses, cold rooms and pack houses
- Packing equipment, scanners, conveyors, scales, cold storage, bins, generators, boilers and tanks
- Trucks, trailers, vehicles, gators, aircraft and forklifts
- IT hardware and software for precision farming, weather stations and drones.
We are also the only agriculture financier capable of offering clients finance against paid-up movable and infrastructure farming assets. These funding options include sale and leaseback or bridging loans (ranging between 1 and 5 years) which can be applied to supplement existing input finance, bridging loans, repayment of shareholder loans or farming capital expenditure.
Frequently Asked Questions
Agricultural finance is a branch of finance that specialises in providing financial services to agricultural producers, processors, and traders. It includes the management of financial risks associated with agriculture and the provision of credit and other financial services to the agricultural sector.
There are several types of agriculture finance, each designed to serve different needs and purposes in the agricultural sector. Some of the common types of agriculture finance are:
- Marketing finance: This type of finance is used to fund the marketing of agricultural products. It includes the provision of credit for transportation, storage, and processing of agricultural products
- Equipment finance: This type of finance is used to purchase or lease agricultural equipment, such as tractors, harvesters, and irrigation systems
- Working capital finance: This type of finance is used to finance day-to-day operations in agriculture, such as paying salaries and purchasing supplies
- Infrastructure finance: This type of finance is used to fund the development of agricultural infrastructure, such as irrigation systems, roads, and storage facilities.
Overall, the different types of agriculture finance aim to provide farmers and other participants in the agricultural sector with the financial resources they need to support their operations, manage risks, and grow their businesses.
The role of agriculture finance is to provide financial services and products that support the growth and sustainability of the agricultural sector. This includes providing credit, and other financial services to farmers and other participants in the agricultural supply chain.
Agriculture finance also helps to manage financial risks associated with agriculture and contributes to economic growth and development by providing employment opportunities and generating income for farmers and other stakeholders in the agricultural sector.
Get in touch with us
Want answers to a pressing question about our specialist financial services? Fill in the form and we’ll get back to you shortly
