New digital tool makes contracting credit to producers agile

The 2022/23 harvest plan, which will be announced next month, has been a delicate issue in all parts of the agricultural sector. The fact is that as interest rates rise, negotiations become more difficult. Representatives of agricultural and credit cooperatives, for example, reinforced the request for R$330 billion to the Minister of Agriculture, Marcos Montes, a volume 31% above the amount in the 2021/22 Harvest Plan.

Faced with so many uncertainties, producers cannot wait and need to find alternatives. With the aim of facilitating and reducing bureaucracy in contracting credit for agricultural projects, AgroPermuta, an agricultural fintech, which offers innovative financing solutions as an alternative to banks, has just launched its newest tool, the Simulator.

The idea behind this new feature is to offer a 100% digital experience for rural producers and also for reseller partners. “In fact, everyone we access, be it the manufacturer, reseller, distributor, dealership, e-commerce and the producer themselves directly, should and can use the tool”, says Alex Kalef, executive director of fintech.

According to the director, the main objective of the Simulator is to simplify service, creating a digital page so that whoever accesses the platform can interact with the financial sector. In other words, instead of the customer having to stop and call to do a simulation, they can do it quickly digitally. “When accessing the platform, the person performs the simulation by entering the value they need. Our technology points him to the financial product that best suits his needs and he can purchase this solution right there”, details Kalef.

Using the new Simulator is very simple, the platform is available on the company's website (www.agropermuta.com.br). After that, just fill in the data and start the simulation you want. This information goes to the headquarters database, which in turn will process the data, all digitally through the same interface. “It is the beginning of the digital journey that Agropermuta proposes to undertake, the aim is to provide speed and less bureaucracy to our client”, adds the executive.

Available solutions

AgroPermuta's mission is to help rural producers plan financing for agricultural projects such as solar plants, irrigation systems, storage, vehicles, machinery and agricultural implements without compromising their respective bank limits.

Among its solutions is Programmed Purchase Financing created precisely to fill the gap in common financing that everyone knows about. The producer creating a 30% reserve is now able to access the letter of credit. “What we did was create a product that is much more suited to the realities of sellers and also to the realities of producers. Therefore, paying for a letter of credit with a 30% co-participation is much more affordable”, says Kalef.

AgroPermuta's proposal is to make producers understand the benefits that planning brings to them, one of which is obviously cheaper interest rates. “With our tool, farmers can better plan their cash flow. Instead of offering months, we are offering harvests, for example 12 months, two harvests, 18 months, three harvests and so on”, explains the executive.

Fintech also offers Programmed Purchase Planning in which it is possible to access contemplation by paying 50% of the total value of the letter of credit over a pre-determined period. It is important to highlight that the two products are not a consortium, but rather a programmed financing contract. Therefore, there is no draw or bid. After that, the approval, formalization (signature) is 100% digital and Agropermuta does all the notary and registration work. The available terms are 12/24/36/48 months.

As for payment, the producer will use his grain harvest as collateral, but the settlement will be made in cash and will not need to compromise his bank credit limit. The same will be done through a Financial CPR, which is backed by future harvests. “We want to show that the producer no longer needs to be held hostage by the common financial institution, where there are traps”, concludes the director.