NEDBANK                                                                                                                                           

Nedbank is a financial institution that aims at assisting every individual regarding credit cards, saving, investing, home loans or vehicle finance. Regarding to agriculture, Nedbank assists farmers with funds in relation to agronomy, horticulture, livestock and secondary agriculture.

Products and services offered

A short, medium and long term finance solution

  • Instalment sale agreement 
    • Nedbank offers financing on all types of agricultural equipment and agreement machinery (e.g. tractors and farming implements) with flexible repayment options, such as annual payments and extended repayment periods of up to a period of ten years, depending on life expectancy and depreciation.
  • Medium-term loan 
    • The Agri Medium Term Loan (AMTL) can be utilised for financing productive assets (e.g. breeding herds of cattle) or enhancing existing assets, and includes an option to withdraw surplus funds arising from excess payments.
  • Agricultural production loan 
    • This is the loan that assists farmers in financing their production inputs such as fertiliser, seed and diesel. The product takes into account seasonality, the need to hedge prices, as well as the procurement of crop insurance.
  • Agri NedBond
    • The agribusiness section of Nedbank specialises in financing fixed property or capital improvements to fixed property. They offer flexible finance to buy or enhance the fixed property, incorporating interest-only periods and repayment options of up to a period of fifteen years.
  • Agri trade finance and debtor management
    • A creative approach to trade finance and interlinking risk control means one can optimise the risk-return relationship. Key components offered include:
      • Post import financing;
      • Pre-export financing; and
      • Discounting of bills.
      • Hedging

Innovative solutions

  • Shade-netting finance 
    • It caters for field and tree crop farmers in helping them improve the yield of underperforming orchards and protect them from natural hazards.
  • Renewable energy and efficiencies
    • It provides finance to reduce the effects of load-shedding and the continued rise in energy costs. Various finance options can be tailor-made with a repayment term of up to 10 years.

Contact details

Office location Physical address Contact number
Head Office 135 Rivonia Road Sandown Sandton 2196  Tel: 0860 116 400
E-mail address: agriculture@nedbank.co.za
Paarl 35 Main Road, Paarl, 7646 Tel: 021 807 1000

 

 

 

 

 

 

 

 

 

Alternatively you can visit: www.nedbank. co.za