FNB has over the years developed a strong reputation for providing clients with access to the latest information,trends and studies about the industry.This bank also offers innovation solutions targeted at a diverse clientele. One of the sectors to benefit greatly from FNB is the agriculture sector. FNB knows all about the challenges farmers face on a day to day basis. In order to assist in this regard, FNB has designed lending solutions such as Overdrafts, Medium Term Loans, Long Term Loans and Asset and Equipment Finance.
The FNB overdraft is an ideal product to help you finance your day to day farming while also providing you with working capital for those unforeseen expenses. The overdraft facility is linked to the farms transactional account and its reviewed annually.
Medium term loans are offered from a minimum of 12 months to 5 years. Medium term loans are tailored to help you finance expansion projects or fund projects that can increase your farms efficiency.This cam also apply to increasing your live stock or game herds.
Long term loans run between 5 to 10 years.This loan facility is ideal when it comes when it comes to the funding of an agricultural property or to purchase land.The size of the loan is linked to the market valuation of the property to be mortgaged as security.
For whatever kind of farming equipment you need, Wesbank has the knowledge and commitment to offer you the best finance solution the market has to offer.Through a team of agriculture finance experts, this bank is able to find out first hand what your individual requirements are, and they will implement their know-how and structure a payment solution to match those requirements.
To access the FNB agriculture lending solutions, contact can be made on 0875759479.
