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Farm Business
Agricultural Matters
Input finance to support more efficient cash-flow - Who uses?
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<blockquote data-quote="A-Owen" data-source="post: 7125681" data-attributes="member: 151768"><p>No.... I would say that sort of finance would not help farmers as those types of providers would charge high rates. I am thinking of an alternate option to bank overdrafts / Trade Credit, whereby rates are competitive to those offered by banks, flexible and quick to obtain, yet in addition, offer further added benefits such as a safe online application where all invoices, payments and cash can be managed and integrated direct with suppliers, i.e. distributors for purchasing of crop protection products (example) in a bid to make things more convenient for a farmer - A competitive financial solution with a difference is what I was thinking.... I may be barking up the wrong tree but exploring just in case....</p></blockquote><p></p>
[QUOTE="A-Owen, post: 7125681, member: 151768"] No.... I would say that sort of finance would not help farmers as those types of providers would charge high rates. I am thinking of an alternate option to bank overdrafts / Trade Credit, whereby rates are competitive to those offered by banks, flexible and quick to obtain, yet in addition, offer further added benefits such as a safe online application where all invoices, payments and cash can be managed and integrated direct with suppliers, i.e. distributors for purchasing of crop protection products (example) in a bid to make things more convenient for a farmer - A competitive financial solution with a difference is what I was thinking.... I may be barking up the wrong tree but exploring just in case.... [/QUOTE]
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Input finance to support more efficient cash-flow - Who uses?
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