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2019 Grower Financing

By September 26, 2018 No Comments

With the seasons changing and harvest already beginning in some areas many farmers will have their calendars booked over the next few weeks. As a result, financing next year’s crop input purchases may not currently be at the top of your mind. However, we would like to remind you of the opportunities for financing through Thunder Seed in both the US and Canada.

In the US we are currently offering financing through John Deere Financial. The programs and deadlines we offer are as follows:

PROGRAMS*APPLICATION DATESPAYMENT TERMS
** 0% Interest + 2% DiscountSeptember 1, 2018 – November 20, 2018 Minimum purchase $2,500.
Due in full November 2019
** 0% InterestNovember 21, 2018 –January 15, 2019 Minimum purchase $2,500Due in full November 2019
** Prime minus 1% + 1%
Discount
January 16, 2019 – April 30, 2019 Minimum purchase $2,500Due in full November 2019
***120 Day
No Payment / No interest ($1,000 min purchase)
May 1, 2019 – June 30, 2019 Minimum purchase $1,000Due in full Dec 2019

To take advantage of these great offers you must have a Multi-Use Account with a Special Terms credit limit. If you do not currently have an account with John Deere or are not sure if you have a special terms account, please contact your dealer, District Sales Manager, or Alicia Narum at the Thunder Seed office.

Once your account is set up you can work with your dealer or District Sales Manager directly to get the required paperwork submitted. If you have any additional questions you can always reach out to Alicia Narum at 218-422-9011 or alicia.narum@thunderseed.com.

In Canada we are currently offering two financing options for growers through John Deere Financial and Scotia Financing. The programs and deadlines for John Deere Financial are as follows:

PROGRAMSAPPLICATION DATESPAYMENT TERMSFEES TO APPLY
No Interest, No Payments until Nov. 1st, 2019Oct 1st, 2018 through Jan. 31st, 2019Due in full Dec. 2019NONE
No Interest, No Payments until Nov 1st, 2019Feb 1st, 2019 through June 15th, 2019Due in full Dec. 2019X 5% Fee=$________

To take advantage of this great offer you must have a Multi-Use Account with a Special Terms credit limit. If you do not currently have an account with John Deere or are not sure if you have a special terms account, please contact your dealer, Provincial Sales Manager, or Alicia Narum at the Thunder Seed office.

Once your account is set up you can work with your dealer or Provincial Sales Manager directly to get the required paperwork submitted. If you have any additional questions you can always reach out to Alicia Narum at 218-422-9011 or alicia.narum@thunderseed.com.

We are also offering grower financing through Scotiabank. The current rates for financing through Scotiabank are Prime plus 2.95% if the credit limit is under $200,000 or Prime plus 1.95% if the credit limit is over $200,000. The payment deadline for all Scotiabank Financing accounts is February 23 of the following year. Cash discounts are applicable to Scotia Financing so now is a great time to pay early and save some money!

To apply for Scotia Financing through Thunder Seed, please contact your dealer or Provincial Sales Manager to get the required paperwork submitted directly to Scotiabank. If you have any additional questions, please reach out to Alicia Narum at 218-422-9011 or alicia.narum@thunderseed.com

We wish you a great harvest season and hope that you will consider these financing options when purchasing your 2019 Thunder Seed!

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