Financing
Agrico and Nedbank join forces to provide innovative funding solutions for producers
Commercial Banking
Nedbank brings innovative financing solutions in partnership with Agrico
Innovative financing solutions
Enhanced financing options to cater for your end to end water solution
Agrico and Nedbank share a deep commitment to supporting the agricultural sector as a key contributor to the South African economy. We recognise the importance of sustainable farming practices, not only in ensuring the nation’s food security but also in nurturing the long-term health of the agricultural industry.
This partnership signifies a significant step towards empowering you with the financial resources needed to optimise your farming operations. Nedbank, in partnership with Agrico (Pty) Ltd, offers established commercial farmers innovative financing options through a newly created risk-sharing solution. Nedbank and Agrico have extended the partnership on center pivots to also now include drip and micro irrigation.
Centre pivot financing
Key features and benefits of Nedbank’s centre pivot financing
- It is easy to apply. You can visit your nearest Agrico branch and speak to a consultant who will guide and help you with the application process or speak to your Business Manager at Nedbank. You may also leave your contact details on our contact page and we'll get back to you!
- As a Nedbank client you will enjoy preferential interest rates.
- You can finance up to 100% of the cost of the centre-pivot irrigation system. This includes pipes, electrical components and installation cost. You can also finance upgrades such as a new control panel or spray packages, as long as they contribute to enhanced sustainability.
- These finance options are available to all Agrico clients. Nedbank does not have to be your main bank, although you may want to explore its wide range of competitive banking products and services. Nedbank would be happy to share more information with you.
- Flexible repayment periods. Nedbank will consider financing periods of up to 10 years.
Agrico’s water-efficient irrigation systems
Empowering you with a distinct competitive edge in the market.
We believe that embracing advanced irrigation technology and improved farming practices increase efficiency, boosts yields and reduces water and electricity usage. This not only drives long-term cost savings but increased profitability. We encourage you to switch to Agrico’s water-efficient irrigation systems, empowering you with a distinct competitive edge in the market.
Drip- and micro-irrigation financing
Key features and benefits of Nedbank’s drip and micro-irrigation financing*
- Finance your drip- or micro-irrigation system with a value of up to R2 million.
- Flexible repayment periods of up to 36 months.
- Enjoy access to preferential interest rates
**Micro- and drip-irrigation will only be considered for non-Nedbank clients if they are willing to bank with Nedbank.
Increased efficiency can offset initial capital expenditure
Invest in the latest precision irrigation technology
Farmers with the newest irrigation technology will have a competitive advantage. Increased efficiency, higher yield and reduced water and electricity usage may lead to cost savings and revenue upside over time, offsetting the initial capital expenditure.
Agrico’s water-efficient irrigation systems
Empowering you with a distinct competitive edge in the market
We believe that embracing advanced irrigation technology and improved farming practices increase efficiency, boosts yields and reduces water and electricity usage. This not only drives long-term cost savings but increased profitability. We encourage you to switch to Agrico’s water-efficient irrigation systems, empowering you with a distinct competitive edge in the market.
How to apply?
For further details, please get in touch with your local Agrico representative, contact your Business Manager at Nedbank, or fill in our contact form and we will get back to you.
