Due to the uncertainties in the fertilizer scenario and the need to immediately purchase the input, to guarantee delivery and avoid possible price increases, the TerraMagna National Fertilizer Program was extended until June 06th.
The benefit is intended for input distributors and aims to release credit for the purchase of fertilizers.
The operation will be carried out through the advance of agricultural titles, such as CPRs, duplicates and promissory notes.
R$500 million was made available for the program. Around 30% of this amount has already been granted and R$300 million is under analysis. Distributors from all over Brazil will be able to participate.
Credit release is quick: it can vary from three days to two weeks after sending the documentation. Rates start at 1,3% per month, depending on volume, term, future CDI and credit assessment.
“By purchasing the product in advance, the distributor obtains, in addition to better prices, the certainty of delivery of their fertilizer – an important comfort at this time of geopolitical and macroeconomic uncertainty”, says Bernardo Fabiani, credit granting specialist and CEO of TerraMagna.
Registration, which began on April 7, was extended until June 06 and can be done via the company's website.
Go to: https://terramagna.com.br/programa-nacional-de-fertilizantes-terramagna/
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