Memphis, Tennessee, USA
October 6, 2022
With rising interest rates casting an ominous shadow over borrowing costs, Southern rice growers have an opportunity to take advantage of 0% (APR)1,2 financing for their Horizon Ag rice seed and BASF crop protection purchases through partnerships with either John Deere Financial or Rabo AgriFinance for the 2023 crop.
“These are the times, when interest rates and other costs are on the rise, that taking advantage of 0% financing can give farmers a significant edge when it comes to managing their finances and cash flow,” says Dr. Tim Walker, Horizon Ag general manager. “For years, Horizon Ag has worked with BASF to bring new technologies to market that give rice farmers more options, flexibility and opportunities to improve profitability. This season, we are again excited to work with both leading ag financing partners to provide options to help our customers be more successful.”
Both programs are available from October 1, 2022, to September 30, 2023, with a maturity date of December 31, 2023.
John Deere Financial
Farmers can use their Multi-Use Account from John Deere Financial to purchase eligible products, including:
- Select Clearfield® varieties (CL111, CL151, CL153, CLJ01, CLL16, CLL17, CLL18, CLHA02, CLM04) followed by Clearpath® herbicide or Newpath® herbicide.
- Select Provisia® variety (PVL03), followed by Provisia herbicide and Facet® L herbicide.
- Customers can also finance other BASF crop protection products applied to their rice acres – Beyond® herbicide, Facet L herbicide, Sharpen® herbicide or Prowl® H2O herbicide.
Products may be purchased at different times from one or multiple Authorized Retailers. See full program terms and conditions at BASF-Grower-Finance.com.
Rabo AgriFinance Program
Farmers also can match the “right seed and chemistry with the right rates” through the 0% financing offer with Horizon Ag, BASF and Rabo AgriFinance.
Farmers must purchase one or more participating Horizon Ag and BASF distributed products and meet a total minimum sales value of $5,000 to qualify.
Qualifying products may include:
- Select Clearfield varieties (CL111, CL151, CL153, CLHA02, CLJ01, CLL16, CLL17, CLL18, CLM04) followed by Clearpath herbicide or Newpath herbicide.
- Select Provisia variety (PVL03), followed by Provisia herbicide and Facet® L herbicide.
- BASF Crop Protection products: Beyond herbicide, Facet L herbicide, Sharpen herbicide, or Prowl H2O herbicide.
Growers can apply online for convenient processing by visiting Grower.RaboAg.com. Apply by mail by asking your BASF representative for an application, contacting Rabo AgriFinance at 1-888-395-8505, or emailing QuickLink@RaboAg.com. You can also contact your BASF Authorized Retailer or Horizon Ag Authorized Retailer for more information about these special offers.
1 Offer valid on qualifying purchases made between October 1, 2022, to September 30, 2023. Offer limited to Multi-Use Account Agricultural customers with an available Special Terms limit. Subject to the Multi-Use Account credit agreement and approval. Fixed 0% APR from the date of purchase, which may be prior to delivery, until December 2023, when the entire transaction amount is due in full. Regular Multi-Use Account rates will apply after that date. Offer is subject to change without prior notice due to unpredicted changes in market conditions. Changes to offer will not impact previously posted transactions. Offer may be limited to qualifying products. $5,000 minimum purchase required. Subject to merchant participation, see your local merchant for complete details. Multi-Use Accounts are a service of John Deere Financial, f.s.b. Always read and follow label directions.
2 Other limitations may apply. See full program terms and conditions for further details. Credit subject to Rabo AgriFinance approval, terms and conditions. Must be a Rabo AgriFinance authorized retailer. Qualifying transactions must be submitted for payment by the program dates noted above in order to receive the incentive interest rate.
Provisia, Clearfield, Clearpath, Beyond, Facet L, Newpath, Prowl H20 and Sharpen are registered trademarks of BASF. © 2022 Horizon Ag. All rights reserved.
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