GrowHow Finance
|
|
Spread your fertiliser payments with GrowHow Finance from our partner ING Lease
A joint initiative between GrowHow UK and finance specialist ING Lease. GrowHow Finance has been developed to provide farmers with instant access to funding for the purchase of GrowHow fertiliser products.
The finance options offer competitive fixed interest rates together with cash flow matched fixed repayment dates.
Key differences that make GrowHow Finance a better option than a bank overdraft:
- No arrangement fee
- No transaction fee
- Unsecured loan
- Cash flow matched repayments
- Fixed rates
All repayment options are designed to ensure that farmers have the opportunity to purchase fertiliser when required and to repay when it best suits their cash flow
Farmer Benefits
Competitive fixed rates and repayment dates
Farmers have access to competitive finance and, from the outse, are aware of the exact cost and repayment date(s).
Alternative line of credit
Traditionally farmers have used either distibutor credit or bank overdraft to fund their fertiliser purchases. With the demise of distributor credit, GrowHow Finance provides an alternative to bank overdraft.
Cash flow matched
All repayment options are designed to ensure that farmers have the opportunity to purchase their fertiliser when required and to repay when best suits cash flow.
Available to finance the VAT
As the finance product is an unsecured loan agreement, farmers can also finance the VAT element of the transaction and reclaim it on their next VAT return.
For more information please contact your GrowHow Fertiliser Supplier.
All applications are for business purposes only, subject to credit acceptance by ING Lease.
