South Africa

 
 

Financing your farm


Overview

Agriculture is characterised by strong cyclical trends. We offer structured advances and loans, which take the effects of these cycles into account. Whether you need to acquire new property, finance equipment or fund operating expenses, we have a solution to meet your requirements, such as overdrafts, asset finance, medium--term loans or the business revolving credit plan.

The table overleaf provides information on the finance options we provide. For example:

  • Working capital should be financed with an overdraft.
  • Fixed assets should be financed according to their economic life span.
  • Movable assets should be financed by asset finance over the same period or shorter as the write-off period for tax purposes.
  • Fixed property can be financed up to 15 years with a medium--term loan. In this case a bond is usually required as security.

 

Choose the right finance

Kind of finance

What you need the money for:

Overdraft

Business revolving Credit Plan (BRCP)

Business Term Loan

Medium Term Loan

Agricultural Production Loan

Vehicle and asset finance

Working Capital

Yes

Yes

No

No

No

No

Input costs, crops, livestock

Yes

Yes

No

No-

Yes

No

Implements, machinery and other capital equipment

No

Yes

Yes

Yes

No

Yes

Office equipment

No

Yes

Yes

Yes

No

Yes

Vehicles

No

No

No

No

No

Yes

Property

No

No

Yes

Yes

No

No

 

Help me decide

Customer Care line

0860 123 000 | +27 11 299 4701

information@standardbank.co.za

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