Low-Interest Rate for High Yields
As America’s farmers prepare for a new growing season, they’re making decisions about what inputs to use and how much money they need to borrow, looking for ways to increase their profit margins and crop yields while getting ready to roll the agronomic dice.
That’s why BASF continues to be a committed partner. In 2023, the BASF Grower Finance Program* saved farmers millions of dollars in potential interest charges through low-interest financing well below the national rates. This year, the program is once again available, providing a fixed rate of 2.99% on all participating BASF products from March 16 through September 30, 2024.
“Mother Nature is always going to throw the farming communities a few curve balls,” says Brady Spangenberg, BASF Marketing Director, Crop Protection, U.S. Agricultural Solutions. “We don’t know what those will be yet, and this offer is for when those things happen.” From too much or too little rainfall to an outbreak of disease or weeds or insects, farmers have to be prepared for the unexpected and pivot accordingly during the season.”
To participate in this straightforward, easy-to-use program, growers only need to contact a qualified retailer and spend a minimum of $5,000 on eligible products in the BASF industry-leading portfolio, which includes trusted seed and seed treatments as well as highly effective crop protection brands. The program is helpful to growers, enabling them to finance the products they need to protect their crops during the season, but it also provides payment to the retailers who serve them.
“What we’re trying to do is support the decision to invest in premium products that are designed to increase yields,” Spangenberg explains. “We feel very strongly that, in the current conditions, trying to save your way to prosperity is going to result in lower yields. Weeds, weather or Mother Nature will fight through those inputs.”
As farmers prepare for a new season, maximizing yields is their number one goal. Having access to capital at a low-interest rate enables them to buy the products that will help them succeed. To learn more about the program, visit BASF-Grower-Finance.com.
*Terms and conditions apply. Subject to credit approval. See the 2024 BASF Grower Finance Program for full details. BASF-GrowerFinance.com.
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