Fintech reduces bureaucracy and facilitates access to credit for rural producers

In its most recent survey, Conab (National Supply Company) estimates that we are heading towards a record grain harvest in the 2021/2022 season. Estimates indicate 284,394 million tons, 12,5% ​​higher than the previous harvest. However, this large production raises a warning signal in the field, as one of the main bottlenecks in recent years has been the shortage of silos and warehouses.

Mato Grosso, for example, the main Brazilian producer of soybeans and corn, in 2021 had a deficit of almost 50% in grain storage, according to the Association of Soybean and Corn Producers (Aprosoja/MT) it is estimated that it would be necessary for minus the construction of 300. To start changing this scenario in the next harvests, producers looking for a definitive alternative can now count on AgroPermuta, an agricultural fintech, which offers innovative financing solutions as an alternative to banks.

This tool is the Programmed Purchase, a letter of credit, in which the producer plans the financing of agricultural projects not only for silos and storage systems, but also solar plants, irrigation systems, purchase of vehicles, machines and agricultural implements. “Today, to acquire a good, the producer takes more expensive money, our proposal is to change that, in addition to offering the lowest interest rate on the market, much more attractive than the Selic rate, for example, we want to propose planning for the purchase, that is, the construction of a financial reserve to acquire this asset”, says Alex Kalef (photo), executive director of fintech.

With record harvests every year, grain-producing farms need to worry more than ever about the warehouse, that is, having a lung silo or some structure to store the harvested production and thus bargain for better prices on the market. “Many pay more for freight per ton transported at the peak of the harvest, as they cannot wait or they will lose the quality of the grain. There is a survey that shows that farmers, due to not having correct storage, lose 3% to 5% of their harvest. Thinking about this in terms of quantity and price, it’s a lot of money wasted. This is just talking about storage”, highlights Kalef.

The same happens with pivots for irrigation and electrical energy. After all, using pivots and solar panels it would be possible to produce much more, saving water and electrical resources, with much more sustainability and greater productivity.

Differentials

The Programmed Purchase is not a consortium, but a programmed financing contract. Therefore, there is no draw or bid, when paying 50% of the contract installments, you will be able to use the letter of credit for the full contracted amount. Any grain producer in Brazil, regardless of their region, can have access to AgroPermuta credit, as long as they go through the company's analysis.

Thanks to investment in high technology, this analysis is carried out in a simple and uncomplicated way and within 48 hours the registration can be pre-approved. After that, the formalization (signature) is 100% digital and Agropermuta does all the notary and registration work. The available terms are 12/24/36/48 months, remembering that it is possible to have the credit available in half the time of any contracted term, without the need for a draw or bid. If you wish to withdraw in advance, you must pay 50% of the total value of the card.

After release, the amount is deposited into the account of the company that sells the good. This must be indicated by the Rural Producer or AgroPermuta. It is important to highlight that this money is only available for purchasing consumer goods. The rural producer can choose the equipment he wants as long as an invoice is issued by CNPJ suitable for resales, concessionaires or specialized stores.

As for payment, the producer will use his grain harvest as collateral and will not need to compromise his bank credit limit. The same will be done through a Financial CPR, which can be backed by up to three future harvests, as the investment will be paid off in three semi-annual installments, if you opt for the 36-month letter, for example. “We want to show that producers no longer need to be held hostage by the common financial institution, where there are traps. Our solution came to solve your life by changing your way of thinking, making the farmer pay cheaper and learn to plan his future purchases”, concludes Kalef.

About

AgroPermuta is an agricultural fintech founded in 2020, in São Paulo/SP, which offers innovative financing solutions to rural producers throughout Brazil as an alternative to banks. Formed by a team of experienced professionals in the financial market, it provides a programmed financing contract for the acquisition of a specific asset, such as: solar power plant, irrigation systems, storage systems, vehicles, machinery and agricultural implements. Find out more at www.agropermuta.com.br.