Arable News

  • Written by: Farmers Guide
  • Posted:

Hutchinsons introduce flexible finance options

Hutchinsons has appointed the BusinessFinance division of Hitachi Capital (UK) PLC to provide customer financesolutions to support the sale of its crop protection products.  Choosing an established funding partnerreflects the importance that Hutchinsons places on providing flexible financeoptions to meet the needs of its farming customers.

Hitachi Capital Business Finance is aleading provider of financial solutions to the agricultural sector. The financeoptions available are easy to arrange, aim to help farmers manage their cashflow, while preserving traditional lines of credit for other business areas.

“Recent seasons have been particularlychallenging for both growing crops and managing cash flows,” said RichardJohnson, Hutchinsons Finance Director. “We believe that these competitivefinance options can provide very useful additional funding for seasonal inputssuch as agrochemicals.

Mark Richards, Head of Vendor Finance forHitachi Capital Business Finance said “We appreciate the financialrequirements which the agriculture sector has when acquiring inputs. Theshortage that we have seen in traditional credit over the past few years hasmeant that niche financing businesses such as Hitachi Capital are playing aneven bigger part in the UK economy going forwards. Our strength of funding andlong term commitment to the agricultural market complements the requirements ofHutchinsons customers.”

Full details of the various finance optionsare available from Hutchinsons Credit Team on 01945 461177 or 01526 832771 andfrom Hutchinsons agronomists.

 


  • Written by: Farmers Guide
  • Posted:
Prev Story:Wheat variety resistance could still halt yellow rust infectionNext Story:Precision irrigation for field-scale agriculture