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Syngenta Seeds, Inc. makes strategic move with John Deere Credit to provide U.S. growers with additional financing options


Minnetonka, Minnesota, USA
July 29, 2010

Syngenta Seeds, Inc. today announced it has entered into an agreement with John Deere Credit to offer grower financing solutions through Farm PlanTM for the 2011 crop season. Qualified growers purchasing Garst®, Golden Harvest® and NK® brand seed products will be eligible to receive season-long financing, with attractive cash discounts, at competitive interest rates through Farm Plan.

“At Syngenta, we are always looking for ways to help growers build a successful and profitable business,” said Chuck Lee, head of Syngenta Seeds corn and soybean marketing. “We’re excited to announce our relationship with John Deere Credit and look forward to making financing an option for our growers.”

“Farm Plan is a great fit with Syngenta because we serve the same customer. We’re dedicated to the business of agriculture and understand the evolving needs of producers,” said Scott Cline, vice president of marketing at John Deere Credit. “Our strategic relationship with Syngenta is helping us achieve our goal of providing dependable solutions that help qualified producers get what they need when they need it.”

Qualified growers will have access to financing through Farm Plan this coming fall. For more information, please contact your local Garst, Golden Harvest or NK representative.

Syngenta is one of the world's leading companies with more than 24,000 employees in over 90 countries dedicated to our purpose: Bringing plant potential to life. Through world-class science, global reach and commitment to our customers we help to increase crop productivity, protect the environment and improve health and quality of life. For more information about us please go to www.syngenta.com.

Farm Plan is a service of FPC Financial, f.s.b.; affiliate of John Deere Credit. Dedicated to the business of agriculture for more than 30 years, Farm Plan provides producers with the purchasing power and account management tools needed to run more profitable, more efficient operations. Farm Plan is offered at more than 7,000 agricultural retailers across the U.S and helps retailers to improve their business performance by managing accounts receivables while accelerating cash flow, reducing risk, and increasing profitable sales.

John Deere Credit is one of the largest equipment finance companies in the U.S. with more than 2.6 million accounts and a managed portfolio over $23 billion. In addition to providing retail, wholesale and lease financing to help facilitate the sale of John Deere agricultural, construction and forestry, and turf and utility equipment, John Deere Credit also offers revolving credit, operating loans to farmers, crop insurance, and debt financing for wind energy. Today, John Deere Credit has approximately 1,900 employees worldwide and has operations in 19 countries.

 

NK® and the Syngenta logo are trademarks of a Syngenta Group Company. NK Seeds is a business unit of Syngenta Seeds, Inc.
Golden Harvest® is a trademark of Golden Harvest Seeds, Inc.
Garst® is a trademark of Garst Seed Company

 



More news from: Syngenta Seeds Inc. (USA)


Website: http://www.syngenta-us.com/home.aspx

Published: July 29, 2010

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