Aimed at individual farmers or farming businesses operating as proprietors, partnerships, close corporations, trusts and co-operatives. It provides working capital for day-to-day expenses.
An Agri Overdraft is an innovative way to help you grow your business. It has been developed to meet your needs whether you are just starting or whether you're a seasoned farmer.
As a farmer you can apply for an Agri Overdraft when you require extra working capital, to assist in the day to day running of the farm or to purchase items necessary for production.
Interest rates are linked to the prime rate.
You can obtain working capital for day-to-day expenses (bridging finance) and to purchase items necessary for production. You can apply for an overdraft to meet the working capital requirements or to purchase items necessary for production. An affordable flexible line of credit to you the farmer.